Fusion Realty

The first thing to know is you’re not alone: 71% of buyers are also, simultaneously, sellers. The key to success on both ends of the deal is having a realtor to guide you through:⁣
-Prepping & pricing your current home⁣
-Market assessment for your current and prospective home⁣
-Offers and contingencies clauses⁣
-Financing options and lender referrals
-Securing short-term housing if needed⁣
If you’re feeling overwhelmed or uncertain, the best thing to do is to talk to a pro!

Did you choose D? Remember that you can still be denied a mortgage even after being pre-approved. Lenders check your credit during pre-approval and again just before closing before giving you the final green light. This means that opening new lines of credit or closing existing lines of credit during this process can lower your credit score and increase your debt-to-income ratio—both key reasons for a lender to deny final approval.