Space Intown, REALTORS® April 4, 2023
The lender could downright deny your application.
If you’re already under contract, your earnest money deposit could be forfeited.
If the truth comes to light after the deal is done, the lender could decide to call the loan payable. This means you have to pay the full amount of the mortgage, or face foreclosure.
The lender could increase your rate as a penalty, leading to higher interest and monthly mortgage payments.
Worst case scenario: you’ll be charged with mortgage fraud, with a penalty that can include a maximum of 30 years prison time and a $1 million fine.
The biggest lesson: Just be honest from the start so you’ll have a better chance of getting approved for a mortgage.
Dive in and explore the different types of home inspections that will help ensure your new home is everything you dream it to be.
Space Intown REALTORS® Achieves Top Producer Accolade in Atlanta Real Estate
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Nestled in the heart of Buckhead, Atlanta, the stunning estate at 3124 E Pine Valley Road represents a blend of opulence, history, and architectural finesse.
When venturing into the real estate market, purchasing a condominium can be an exciting yet intricate process.
Buying a home that is within your means can preserve to pursue other important financial goals.
You may not think much about it, but plumbing is an integral part of your home's systems.
Here are a couple of tasks you can do to further lessen the stress of every single home showing.
Do you have inquiries about the real estate process? Need expert advice on a property? Interested in exploring investment opportunities? Our team is here to provide the answers you seek. Contact us today; we'll be delighted to assist you and offer expert guidance, helping you navigate Atlanta's real estate landscape with confidence.