Michael Pappas's Blog Posts

Buyer Series: Loan Pre-Approval

Today's topic is loan pre approval. Why does one need that; How does one get Pre-Aprroved?Simply put, Pre-Approvals verify that one has the funds to purchase their desired property. If one is

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Buyer Series: What is Earnest Money?

Today's topic is earnest money. What is it; Why is it important? Earnest money is a good faith payment that a buyer will offer to the seller to show they are serious about buying the house. It

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Are you crash crazy?

The year is 2020. 12 years after "the crash". Housing prices are continually on the rise in PHX, with no end in sight! Suddenly, we have a pandemic and everyone is talking about another crash. They

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