Search results for: certified approved
How to become a Certified Approved homebuyer in Texas
Become a Certified Approved Homebuyer! Have you noticed that the housing market is super competitive? Are you having trouble getting our offer accepted? As you shop for your dream home, there is one thing that can put you at an advantage with the seller. We provide that with the expertise and technics that have proven…
Read MoreHow much are you really approved for with your mortgage approval?
So you received your mortgage approval, so what does that mean? How much can you really buy? What if the amount you need is different than the approval amount? The Richard Woodward Mortgage Team is here to help explain in more detail what the mortgage approval means. I often get asked these questions after the…
Read MoreGet Your Offer Accepted In a Seller’s Market 10 Proven Ways
Ten Ways to Get Your Offer Accepted in a Seller’s Market Now is the time to make an offer on your dream home. You’ve found the perfect house for your family and are willing to pay the asking prices. You think it’s a certain thing. But not so fast A seller’s market is a market that has more buyers than…
Read MoreHow to get your offer accepted as a cash buyer and still finance.
How to get your offer accepted as a cash buyer and still finance. Are you a home buyer or Realtor making offers on homes only to be beat out by cash buyers? I know it is frustrating. You are a perfectly good buyer with a strong pre-approval for financing. But in today’s market, sellers think…
Read More2022 The Rules have changed in the mortgage business
The Mortgage Business has Changed in 2022 The mortgage business is changing in 2022 in a number of different ways. We are going to look at what is coming in 2022 for the mortgage business and the Real Estate business. Forecasting is not easy these days, especially when it comes to economics. For example, many…
Read MoreShould I wait to buy my Dallas home? What is the cost of waiting to buy my Dallas home?
If you’re considering buying a Dallas home in the near future, I have some important information for you. You may be tempted to wait because you are listening to Uncle Joe and he tells you we are in a bubble and the home prices will come down. But what you don’t know is that waiting could…
Read MoreShould I Remove My Ex-Spouse From the Mortgage Before or After Divorce?
The short answer is yes—if possible, you should understand your mortgage options before your divorce is finalized, not after. One of the first questions people ask me during a divorce consultation is, “Richard, when should I remove my ex from the mortgage?” Unfortunately, many people don’t ask that question until it’s too late. After more…
Read MoreWhat You Think You Know About Reverse Mortgages Is Probably Wrong
For years, reverse mortgages have been surrounded by myths, misinformation, and outdated opinions. Unfortunately, many homeowners dismiss them based on something they heard decades ago from a friend, a family member, or even a television commercial. I am here to provide you the facts. I have been teaching retirees, Realtors, Loan Officers, and financial planners…
Read MoreCash-Out vs Rate-and-Term Refinance in Texas: What Divorce Clients Must Know
If you’re going through a divorce in Texas—or advising someone who is (this is meant for your divorce attorneys)—understanding the difference between a cash-out refinance and a rate-and-term refinance isn’t just helpful. It can directly impact: Whether the home can be kept How much equity can be accessed And how much the loan will cost…
Read MoreAre Your Owelty Liens Costing Clients Thousands?
If you’re a family law attorney in Texas—or going through a divorce involving real estate—there’s one critical question you need to ask: Is the Owelty Lien structured correctly for financing? Have you double checked the title history? An existing Texas cashout refinance will prevent the use of an Owelty lien. This means that no division…
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