Preparing to Purchase

Oct. 8, 2019

What FICO® Score Do You Need to Qualify for a Mortgage?

 

What FICO® Score Do You Need to Qualify for a Mortgage? | MyKCM

While a recent announcement from CNBC shares that the average national FICO® score has reached an all-time high of 706, the good news for potential buyers is that you don’t need a score that high to qualify for a mortgage. Let’s unpack the credit score myth so you ...

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Oct. 1, 2019

What to Expect from Your Home Inspection

 

What to Expect from Your Home Inspection | MyKCM

You made an offer and it was accepted. Your next task is to have the home inspected prior to closing. Agents often recommend you make your offer contingent upon a clean home inspection.

This contingency allows you to renegotiate the price you offered for the home, ask the sellers ...

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Sept. 25, 2019

Are You Ready for the ‘Black Friday’ of Real Estate?

 

Are You Ready for the ‘Black Friday’ of Real Estate? | MyKCM

Every year, ‘Black Friday’ is a highly anticipated event for eager shoppers. Some people prepare for weeks, crafting and refining a strategic shopping agenda, determining exactly when to arrive at each store, and capturing a wish list of discounted must-have items to purchase. But what about buying a home ...

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Sept. 16, 2019

Things to Avoid After Applying for a Mortgage

 

Things to Avoid After Applying for a Mortgage | MyKCM

Congratulations! You’ve found a home to buy and have applied for a mortgage! You're undoubtedly excited about the opportunity to decorate your new home, but before you make any large purchases, move your money around, or make any big-time life changes, consult your loan officer – someone who ...

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Aug. 24, 2019

A Latte a Day Keeps Homeownership Away [INFOGRAPHIC]

A Latte a Day Keeps Homeownership Away [INFOGRAPHIC] | MyKCM

Some Highlights:

  • The pumpkin spice latte is launching soon, so you may be tempted to spend your extra cash on a daily caffeine fix, but that small expense can add up to a big number – fast!
  • Saving for a down payment takes a little discipline, so limiting your extra ...
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June 24, 2019

Stop Wondering What Your Budget Is & Get Pre-Approved!

Stop Wondering What Your Budget Is & Get Pre-Approved! | MyKCM

In many markets across the country, the number of buyers searching for their dream homes outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show that you are serious about buying your dream home is ...

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