BUYERS ADVANTAGE
PROGRAM
No matter if you’re looking to purchase your first home, your dream home, or an investment property, I will be here every step of the way to provide you with the highest quality buyer service. When making the type of investment that buying a home requires, you deserve to have all the latest market information and the very best advice, both of which I can provide.
Buying a home will be an exciting yet complex adventure. It can also be a very time-consuming and costly one if you’re not familiar with all aspects of the process and don’t have all the best information and resources at hand.
HOME / DOWN PAYMENT ASSISTANCE
FINANCIAL OBLIGATION
Before you even begin to saving homes on Zillow and interviewing agents, you have to get an understanding of your finances and get them in order. That begins with cleaning up old debts, improving your credit score, and building up a healthy savings to put down approx. 20% down payment if at all possible. Let these be your FIRST steps to home ownership.
At the very least, most banks will require 3.5% down. Just know that lenders will typically require you to pay private mortgage insurance (PMI) if your down payment is less than 20%.
Once you have your financial goals established, it’s time to start preparing to house hunt. The first step is actually connecting with a lender and getting pre-approved for a home loan. And you are in luck. I can connect you with my preferred lenders.
KEEP IN MIND THAT
Pre-approval and Pre-qualification are two different things:
PRE-APPROVAL
Tells you how much the bank will guarantee to lend you for a home.
PRE-QUALIFICATION
Only tells you how much you can afford for a home.
WHEN YOU GO TO
AN OPEN HOUSE
with a pre-approval letter in hand, the seller knows that you are a serious buyer. Plus knowing exactly how much you are approved for can help you stay within your budget.
When budgeting for your home purchase, don’t forget to include other costs that will arise like:
INSPECTIONS
REPAIRS
CLOSING COSTS
CONTINGENCIES
AND OTHER FEES
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