HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
READY TO SPEAK TO A PROFESSIONAL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Making An Offer
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
READY TO SPEAK TO A PROFESSIONAL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Making An Offer
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Making An Offer
Making An Offer 2017-11-29T01:50:41+00:00

Whew! Are you still with me? Hopefully your house-hunting resulted in some fruitful results. But before you rush into an offer you can’t refuse, take several hours to compare the properties you’ve seen against market conditions, comparable properties, your Wish List and your Check List. These are the building blocks of your buying decision and, later, your offer. Let’s go over the things you need to know before you approach any homeowner with an offer:

1. Prioritize. By now you have visited enough homes to know that many of them just don’t fit your wants or your needs. Grab your Wish List and the Check List’s from the remaining homes that you are considering and take the time to compare them until you find the home with the qualities that best match your priorities.

2. Market Conditions. By now the subject should have came up with your sales agent, or you’ve probably heard it on the television or from reading a newspaper, but gaining a knowledge of current market conditions is essential. Home prices always reflect market dynamics; for example, if the current market is referred to as a “seller’s market” that would indicate that there are generally more buyer’s than there are seller’s which results in higher market prices and less negotiating room especially when seller’s have multiple bids on their homes, sometimes resulting in the buyer paying more than the asking price. When the market is referred to as a “buyer’s market” that would indicate that there are more homes for sell than there are buyer’s. This of course benefits the buyer because it gives them more choices and generally allows for a more negotiable price. One note here: During a buyer’s market you can generally take more time to ponder your decision because homes have a tendency to sit on the market longer, however, in a seller’s market you usually don’t have much time to make a decision because homes are selling so fast. If you want to avoid “Ya snooze, ya lose” a quick decision may have to be made. That house you looked at yesterday that was close to what you wanted and you liked so well was probably viewed the same way by everyone else who saw it too! The first to the well gets the water.

3. How much to offer. Without an idea of what similar homes in the area you’re interested in are currently selling for or have recently sold for, you’re pretty much blind as to what a fair offer would be. Your Realtor can prepare a Comparative Market Analysis (CMA) report for you in a relatively short time providing you with the tools to make one of the most important decisions you may ever make. One that could save you thousands!!!

4. The offer. Once you have chosen the home you want, have reviewed the CMA, and decided on what you feel is a fair price, you can now write an offer that will be presented to the agent representing the home seller who will then present it to his client. The offer will also need to be accompanied by a good faith deposit which your sales agent can advise you on. The offer should include any contingencies i.e. an extended escrow period or a carpeting allowance, basically any condition that you want written into the contract. Of course the home seller has the right to counter your offer if they feel that it was not adequate enough and if they do you can revise your offer and try again until both parties have reached agreement. Then it’s time to close the deal.

Next:

Closing the Deal and Going to Escrow

Related Articles:

Is Your Financial House in Order?

Get Qualified

Make a Wish List

Make a Checklist

Go House-Hunting

Is My Agent Looking Out for my Best Interests?

Planning and Organizing Your Next Move

What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS
Making An Offer 2017-11-29T01:50:41+00:00

Whew! Are you still with me? Hopefully your house-hunting resulted in some fruitful results. But before you rush into an offer you can’t refuse, take several hours to compare the properties you’ve seen against market conditions, comparable properties, your Wish List and your Check List. These are the building blocks of your buying decision and, later, your offer. Let’s go over the things you need to know before you approach any homeowner with an offer:

1. Prioritize. By now you have visited enough homes to know that many of them just don’t fit your wants or your needs. Grab your Wish List and the Check List’s from the remaining homes that you are considering and take the time to compare them until you find the home with the qualities that best match your priorities.

2. Market Conditions. By now the subject should have came up with your sales agent, or you’ve probably heard it on the television or from reading a newspaper, but gaining a knowledge of current market conditions is essential. Home prices always reflect market dynamics; for example, if the current market is referred to as a “seller’s market” that would indicate that there are generally more buyer’s than there are seller’s which results in higher market prices and less negotiating room especially when seller’s have multiple bids on their homes, sometimes resulting in the buyer paying more than the asking price. When the market is referred to as a “buyer’s market” that would indicate that there are more homes for sell than there are buyer’s. This of course benefits the buyer because it gives them more choices and generally allows for a more negotiable price. One note here: During a buyer’s market you can generally take more time to ponder your decision because homes have a tendency to sit on the market longer, however, in a seller’s market you usually don’t have much time to make a decision because homes are selling so fast. If you want to avoid “Ya snooze, ya lose” a quick decision may have to be made. That house you looked at yesterday that was close to what you wanted and you liked so well was probably viewed the same way by everyone else who saw it too! The first to the well gets the water.

3. How much to offer. Without an idea of what similar homes in the area you’re interested in are currently selling for or have recently sold for, you’re pretty much blind as to what a fair offer would be. Your Realtor can prepare a Comparative Market Analysis (CMA) report for you in a relatively short time providing you with the tools to make one of the most important decisions you may ever make. One that could save you thousands!!!

4. The offer. Once you have chosen the home you want, have reviewed the CMA, and decided on what you feel is a fair price, you can now write an offer that will be presented to the agent representing the home seller who will then present it to his client. The offer will also need to be accompanied by a good faith deposit which your sales agent can advise you on. The offer should include any contingencies i.e. an extended escrow period or a carpeting allowance, basically any condition that you want written into the contract. Of course the home seller has the right to counter your offer if they feel that it was not adequate enough and if they do you can revise your offer and try again until both parties have reached agreement. Then it’s time to close the deal.

Next:

Closing the Deal and Going to Escrow

Related Articles:

Is Your Financial House in Order?

Get Qualified

Make a Wish List

Make a Checklist

Go House-Hunting

Is My Agent Looking Out for my Best Interests?

Planning and Organizing Your Next Move

What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
Calculate how much you can afford
BUYING OR SELLING A HOME
IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS
Making An Offer 2017-11-29T01:50:41+00:00

Whew! Are you still with me? Hopefully your house-hunting resulted in some fruitful results. But before you rush into an offer you can’t refuse, take several hours to compare the properties you’ve seen against market conditions, comparable properties, your Wish List and your Check List. These are the building blocks of your buying decision and, later, your offer. Let’s go over the things you need to know before you approach any homeowner with an offer:

1. Prioritize. By now you have visited enough homes to know that many of them just don’t fit your wants or your needs. Grab your Wish List and the Check List’s from the remaining homes that you are considering and take the time to compare them until you find the home with the qualities that best match your priorities.

2. Market Conditions. By now the subject should have came up with your sales agent, or you’ve probably heard it on the television or from reading a newspaper, but gaining a knowledge of current market conditions is essential. Home prices always reflect market dynamics; for example, if the current market is referred to as a “seller’s market” that would indicate that there are generally more buyer’s than there are seller’s which results in higher market prices and less negotiating room especially when seller’s have multiple bids on their homes, sometimes resulting in the buyer paying more than the asking price. When the market is referred to as a “buyer’s market” that would indicate that there are more homes for sell than there are buyer’s. This of course benefits the buyer because it gives them more choices and generally allows for a more negotiable price. One note here: During a buyer’s market you can generally take more time to ponder your decision because homes have a tendency to sit on the market longer, however, in a seller’s market you usually don’t have much time to make a decision because homes are selling so fast. If you want to avoid “Ya snooze, ya lose” a quick decision may have to be made. That house you looked at yesterday that was close to what you wanted and you liked so well was probably viewed the same way by everyone else who saw it too! The first to the well gets the water.

3. How much to offer. Without an idea of what similar homes in the area you’re interested in are currently selling for or have recently sold for, you’re pretty much blind as to what a fair offer would be. Your Realtor can prepare a Comparative Market Analysis (CMA) report for you in a relatively short time providing you with the tools to make one of the most important decisions you may ever make. One that could save you thousands!!!

4. The offer. Once you have chosen the home you want, have reviewed the CMA, and decided on what you feel is a fair price, you can now write an offer that will be presented to the agent representing the home seller who will then present it to his client. The offer will also need to be accompanied by a good faith deposit which your sales agent can advise you on. The offer should include any contingencies i.e. an extended escrow period or a carpeting allowance, basically any condition that you want written into the contract. Of course the home seller has the right to counter your offer if they feel that it was not adequate enough and if they do you can revise your offer and try again until both parties have reached agreement. Then it’s time to close the deal.

Next:

Closing the Deal and Going to Escrow

Related Articles:

Is Your Financial House in Order?

Get Qualified

Make a Wish List

Make a Checklist

Go House-Hunting

Is My Agent Looking Out for my Best Interests?

Planning and Organizing Your Next Move

THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makes it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS