When applying for a mortgage, dozens of terms are used to explain various aspects of the mortgage process. One popular financial term commonly used is DTI meaning slang which stands for debt-to-income. Lenders use your DTI debt-to-income ratio to determine whether your debt exceeds 28% of your income, to protect themselves from the borrower defaulting […] The post DTI Meaning Slang: What is a Debt-to-Income Ratio first appeared on Real Estate Agent Philadelphia.| Real Estate Agent Philadelphia
When people think of King of Prussia Pennsylvania, their thoughts are drawn towards one of the largest malls in America. Furthermore, it offers endless shopping and dining options. However, the King of Prussia zip code entails much more, offering a unique blend of culture and entertainment. Furthermore, if you’re looking for an ideal location for […] The post Lifestyle and Houses for Sale in King of Prussia PA first appeared on Real Estate Agent Philadelphia.| Real Estate Agent Philadelphia
Purchasing a property entails numerous requirements and stipulations. Unless you’re buying your first house with an FHA loan, most lenders require a down payment of at least 20%. Therefore, it makes it challenging for the middle and lower-class residents to afford homeownership. However, there are ways to circumvent the minimum down payment amount. Such as […] The post What is PMI: Private Mortgage Insurance Real Estate first appeared on Real Estate Agent Philadelphia.| Real Estate Agent Philadelphia
At times, we experience a seller’s real estate market, which means there’s strong competition, typically with low inventory. Therefore, to win an offer in a competitive market, the buyer’s agent needs to be creative. One method agents use to win their client a deal without overpaying and bidding against themselves is to utilize an escalation […] The post Escalation Clause Real Estate: How to Properly Use it first appeared on Real Estate Agent Philadelphia.| Real Estate Agent Philadelphia
Real estate’s competitive at times, forcing buyers to get creative to win offers. Some potential buyers search for homes where the sellers extremely motivated, which can result in pursuing foreclosures or short sales. A short sale is when the property owner falls behind on mortgage payments and negotiates for the lender or bank to settle […] The post Risks of Buying a Short Sale Home: Is it Worth it? first appeared on Real Estate Agent Philadelphia.| Real Estate Agent Philadelphia
You may be wondering what is sellers assist. Seller’s assist or Seller’s concession is a real estate phrase used when a potential buyer is requesting money from the seller’s proceeds. This money can be used for various purposes. Such as repairs, closing costs, and down payment assistance. Seller assist could be a huge benefit to […] The post What is Sellers Assist: Seller Concessions first appeared on Real Estate Agent Philadelphia.| Real Estate Agent Philadelphia
Many families want to live near the city due to employment opportunities and top-of-the-line medical facilities. However, most individuals avoid the inner city because of crime, bad schools, and overpopulation. Therefore, families elect to live in the Philadelphia surrounding suburbs. Montgomery County is an excellent place to reside, ranking as one of Pennsylvania’s best counties […] The post Living in Glenside PA: Complete Guide to Life in this Suburb first appeared on Real Estate Agent...| Real Estate Agent Philadelphia
Why is Bedroom Size Important At different points in life, our wants and needs may vary. When we’re younger, looking to start families, our lifestyle may require a larger house with sizable rooms. However, the older we get, the more difficult it may become to get around. Therefore, as we age, the preference may lead […] The post What is the Average Bedroom Size in America first appeared on Real Estate Agent Philadelphia.| Real Estate Agent Philadelphia
When conducting a real estate transaction, several steps required to finalize the sale. Therefore, once the offer on the property’s accepted, the next step would be to submit a deposit. An earnest money deposit or good faith deposit placed with a title company or seller’s broker. The deposit is important because it shows the buyer […] The post Good Faith Deposit: What is Earnest Money Deposit first appeared on Real Estate Agent Philadelphia.| Real Estate Agent Philadelphia
Pennsylvania is a beautiful state with extensive history and scenic views. If you’re considering moving to PA, it’s important to understand the cost of living in Pennsylvania to survive. On average, it’s suggested that 50%-60% of your net income goes towards living expenses. However, this can vary depending on the individual’s circumstances. Certain costs and […] The post Cost of Living in Pennsylvania: Is it Worth it? first appeared on Real Estate Agent Philadelphia.| Real Estate Agent Philadelphia
Are you looking to buy or sell a home in Pennsylvania? Then, we can help! Ryan Bullock is a real estate agent Philadelphia that you can trust!| Real Estate Agent Philadelphia - Ryan Bullock is a licensed real estate agent...
Learn what is a good faith deposit in real estate, also known as an earnest money deposit. In addition to ways to protect your deposit during the transaction.| Real Estate Agent Philadelphia - Ryan Bullock is a licensed real estate agent...
