2. Hire a Real Estate Agent
by Admin
Posted on 05-02-2024 01:19 PM
Halelani village bb102, lihue – this is a great condo for the first time
home
buyer!
application – this is the first step that gives the loan officer the information they need to help pick the loan program for the buyers needs and goals. It is vitally important that this information is accurate to prevent the loan from being denied later in the process.
Pre-qualification – once the application has been completed, and the credit report pulled, a pre-qual can be issued to the real estate agent. If self-employed, the last two year’s federal tax returns will be needed prior to issuing a pre-qual.
How Can We Help You?
May of 2022 was a game changer for real estate on a national level. That’s when the feds started increasing the interest rates and they more than doubled in a short time and the market, well, it came to a dead stop.
Immediately the talk shifted to what is going to happen next in the real estate market and that talk ranged from speculation of another 2008 housing crash to those saying buy now and refinance later. Honestly, any opinion you wanted to hear you could. The only thing i heard that made any sense to me was a comment from an appraiser who has been doing appraisals here on kauai for over 30 years.