The score represents a statistical evaluation of how likely you are to default on a loan. The higher the score, the lower the probability you'll default. B oth sides of the real estate transaction present a number of challenges whether you are going through it for the first time or have bought and sold several homes. The dynamics of the market, the real estate professionals involved and your own reasons for buying or selling change dramatically with every transaction. Your experiences, good, bad or indifferent, add up to a unique personal perspective.
Buyers have a number of concerns based primarily on intangibles and unknowns.
Then they must come up with ways to make the down payment, or if they are the more daring types, to swing a bigger loan. As they pass this first hurdle, then they must evaluate the true cost of the home. All rights reserved. Virtual Real Estate Store Serving All 50 States. Virtual Real Estate Store is not affiliated with any national or franchise real estate or mortgage company.