Buying Tips, Choosing An Agent- Buyer, First Time Buyer, Renting vs. Buying, Researching to Buy, Tips For the Buyer, Uncategorized

Before You Start House Hunting

Consider…..​

  1. Is owning a home right for you?​
  2. Have you determined the desired location? ​
  3. What is your lifestyle? Condo / Single Family / 55+​
  4. Are you financially prepared for the purchase? ​
  5. Have you considered the costs of home ownership​
  6. Have you established credit & credit history?  ​
  7. Have you planned on a down payment? 20% is a misconception! Beyond a down payment, you will need prepaid items & closing costs (seller concessions can help to offset the closing costs) ​
  8. What are your current & immediate future needs?​
  9. What is your current situation- Renting / Own / Family​
  10. Speak to a mortgage professional! They can let you know if your credit history / score is sufficient (and guide you if it isn’t)!  They will calculate your affordability based on debt to income ratio (and guide you if you need to improve it to obtain a higher budget)!  They will assist you… ​
  • By reviewing documents & getting you Pre-Approved !​
  • Advise of down payment needed & cash for closing ​
  • Provide estimated monthly mortgage payments​
  • Advise you of mortgage types that exist and what you qualify for​
  • Advise on the conditions of the loan that you will need to satisfy prior to closing​
  • Your closing time frame​
  • Remain in constant contact with you through your purchase!​
  • Advise you on what to do and NOT to do during the purchase – ie change jobs, make large purchases, open new credit accounts, etc.​
  • Be a KEY part in your purchase! ​
  • Help you with all of your mortgage needs!​