Home
Buying Basics
Congratulations
on your decision to buy a new home. There are many important things to consider
throughout the process, especially if you're a first time homebuyer. Here's some
information that can keep you on track.
In
General…
This
is likely to be your largest financial transaction to date, so it's important to
make the right decisions and to keep an eye on the details. With my assistance,
it should be an effective, pleasant, and rewarding experience.
Count
On Your Real Estate Agent To:
· Preview
available homes to weed out those that are overpriced, or undesirable in some
other way.
· Present
the homes that suit your needs as you've defined them.
· Help
you determine the difference between a "good buy" and a property
which, because of its nature (neighborhood, market appeal, etc.), might have to
be discounted if you decide to sell it in the future.
· Negotiate
the best deal for you. With a Pre-Qualification letter from me in hand, your
real estate agent will be able to demonstrate that you are a qualified and
capable borrower. This will strongly influence the Seller, and may make the
difference between the Seller accepting your offer or someone else's, even if
your offer is lower!
Count
On HOME BUILDERS MORTGAGE To:
· Assist you in selecting the best
loan to meet your personal situation and goals. (This single decision can save
you thousands of dollars throughout the years!)
· Keep
you informed of your loan status throughout the entire process.
· Keep
your real estate agent informed of our loan progress (Note: your personal
information is always Confidential between you and me, only deal points and
progress are shared).
· Get the
appropriate loan for you at the best rates and fees. This will save you
significant money up front, and throughout the years.
Count
On Yourself To:
· Keep your real estate agent informed
of any questions or concerns as they develop.
· Keep
the process moving by providing documentation and decisions as soon as
reasonably possible. By doing so, many of the details are taken care of
early in the process so you can comfortably concentrate on any last
minute details or events that require your attention.
· Enjoy
purchasing your home, but do remain objective throughout to make the business
decisions that are best for you.
· Make
sure you are pre-approved as early as possible. This will put the power of
financing behind you so you can concentrate on selecting your home.