The Real Estate and Mortgage Show - August 13

Paul Rushforth begins the segment with tips on how to successfuly sell your home. Pricing is extremely important in determining how fast your home will sell. Frank Napolitano discusses a pretty common "bait & switch" trick some firms may use in order to lure you into obtaining a mortgage with them. He also points out that if you are putting less than 20% down and obtaining a pre-approval, the mortgage insurer does not look at the application until it goes "live". This is why it is important to ensure you have sufficient time to obtain financing after you've put an offer down, as the mortgage insurer needs time to review the application.

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