Respuesta :
Answer:
Hi!
The answer to your questions goes like this:
Finding a lender - Buying a home
Pre-Qualified loan - Buying a home
Property Walkthrough - Buying a home AND renting
Credit and background checks - Buying a home AND renting
Explanation:
Finding a lender: A lender is a person or organization that lends money, and in the context of real state, a morgage lender is needed to get enough money to buy a home. This is not applicable for renting because renting only requires a small deposit upfront that's usually no more than 1k, while buying a house requires a larger upfront payment and a larger mortage payment every month.
Pre-qualified loan: In order to make sure you can buy a house, you need the lender to pre-qualify you for a loan. This means that the lender will check your credit and decide if you are trustworthy enough to lend you 100k or more. This is not required for renting a place as renting payments are lower.
Property walkthrough: Seeing the property is important when buying or renting so you can be sure you will be living in a safe space that meets your needs. This is why this is necessary for both buying a house and renting an apartment.
Credit and Background checks: Both credit and background checks are needed when renting and buying a house or apartment. This is so the owner or landlord can see that you are a truthworthy person who will most likely pay their rent or morgage on time and will take good care of the property for the years to come.
Answer: For Plato family
Explanation:
Home buying process
Prequalified loan
Finding a lender
Renting Process
Credit and background checks
Property walkthrough .
