2019 June home sales in Santa Clara consisted of 46 single-family homes that closed escrow, a decrease from the 64 homes sold in May. Average days on market decreased to 19 days from 23 days, and median days decreased to 10 from 12. The average price of a home sold in June 2019 was $1.42M […]
Archives for July 3, 2019
What’s the Difference Between Preapproval & Prequalification?
The terms “prequalification” and “preapproval” are often confused, and even misused interchangeably, when really in dealing with mortgages, the two are like comparing apples to oranges. Both prequalification and preapproval are steps taken prior to applying for a home loan, but the major difference lies in the level of commitment between the lender and the […]
