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All Posts in Category: Financing

Blog Images Pre Approved vs Pre Qualified

Pre-Qualified vs Pre-Approved

There’s a world of difference between these two terms. If you’ve ever been confused by the two, we’ll bring you up to speed on how they differ. Pre-Qualified Getting pre-qualified is the initial step in the mortgage process, and it’s generally simple. You supply a bank or lender with your overall financial picture, including your…

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Blog Images Seller Financing

What is Seller Financing? (Developer Financing, Owner Financing)

Seller financing is a loan provided by the seller of a property to the purchaser. The purchaser will make a down payment to the seller, and then make installment payments (usually on a monthly basis) over a specified time, at an agreed-upon interest rate, until the loan is fully repaid. In layman’s terms, this is…

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Blog Images Own a Punta Cana Vacation Home After All

Maybe You Can Own a Punta Cana Vacation Home After All!

Many people dream of sitting on their veranda, sipping tall drinks while watching the sun go down in a tropical paradise such as Punta Cana. Many immediately tell themselves it’s a pipe dream, assuming that the cost of an island home is out of their reach. Not necessarily. New research by the National Association of…

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