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The Cordoba Home Selling Team

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⏰ for a little #realestatevocab lesson! Today’

⏰ for a little #realestatevocab lesson! Today’s word is accrued depreciation. 🙌🏻

So, what is #accrueddepreciation? 🤔

Accrued depreciation is the phenomenon where a home decreases in value over time. This is a naturally-occurring process! ✨

Depreciation happens for several reasons, such as:
✅the physical wearing of the home,
✅functional issues,
✅location problems,
✅or anything else that might be considered a defect.

#realestateadvice #realestate101 #realestatevocabulary #revocab #sellinghomes #sellyourhome #listingagent #justlisted #wpb #westpalm #palmbeachcounty #southflorida #westpalmbeach #palmbeach #boyntonbeach #wellington #delraybeach #palmbeachesfl #palmbeachhomes #palmbeaches #palmbeachrealtor #palmbeachrealestate #westpalmbeachrealtor #westpalmbeachrealestate

This is a NEW construction home and we have it Und

This is a NEW construction home and we have it Under Contract! ✨

There is really nothing more satisfying than watching a clients dream and vision come to life! 💯

This will be completed in just 6 months!!

📏 Living Area: 2,009 sq ft
🛏 Bed: 3
🛁 Bath: 2

This is just a sneak peek. ✨

For more info, DM us here or call us at 561-440-0102📱

#underconstruction #homeforsale #newlisting #homesforsale #homeforsale #buyingahome #undercontract #sellinghomes #sellyourhome #listingagent #justlisted #househunting #home #homesweethome #newhome #property #investment #openhouse #realestatelife #newlisting #buyersagent #realestateexperts #wpb #westpalm #palmbeachcounty #southflorida #westpalmbeach #palmbeach #boyntonbeach #wellington

If you’re in the beginning stages of looking for

If you’re in the beginning stages of looking for a home, 🖐🏽 scrolling! This post is for you. ❤️

As you may already know, one of the first steps you should take is pre-qualifying for a home. ✅ But what do lenders look for when deciding to pre-qualify you for a home? Read on to find out! 💯

Investopedia made a great analogy. They said, “think of a mortgage pre-approval as a physical exam for your finances. Lenders will poke and prod into all corners of your financial life as a way of trying to ensure that you’ll repay your mortgage.” 🔥

With that being said, here are the most common areas they’ll look at: 👇🏼

✨ Your credit score
✨ Your credit history
✨ Current income
✨ Debt-to-income ratio
✨ Any assets and liabilities you have
✨ Your current employment and employment history

Have any questions about the pre-approval process? Leave them in the comments! And make sure to save this post for reference! 🔥

#firsttimehomebuyers #sellinghomes #homebuyingprocess #instarealestate #houseforsale #homeforsale #instagood #househunting #home #homesweethome #newhome #property #investment #openhouse #realestatelife #newlisting #buyersagent #realestateexperts #wpb #westpalm #palmbeachcounty #southflorida #westpalmbeach #palmbeach #boyntonbeach #wellington

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Jonathan Cordoba
REALTOR

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Morgan Lewis
REALTOR

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