Tips: Buying a Home​

• 1. Determine how much you can afford.
  • Have a realistic budget that will determine your debt-to income ratio (DTI).
  • This is recurring bills divided by gross monthly income.
  • Leave room for fun but also unexpected maintenance.
• 2. Put money aside for a down payment.
  The more down will result in a lower interest rate, less interest paid over the life of the loan and smaller monthly payments.
• 3. Locate a trustworthy Agent
  It would be my greatest pleasure assisting you through this journey in finding your dream home!
• 4. Choose a Lender or mortgage broker/ Get a mortgage pre-approval
  Shop around for mortgage lenders or mortgage brokers. They can check your credit report and give you a pre-approval amount in addition to deciding what loan type is best FHA, ARM, VA, conventional etc.

• 5. Now the exciting part! Finding your Dream Home
  Although you’ll surely do some searching on your own, I can help you find more accurate results and save you time along with assuring your criteria is met and assist with how much to offer, terms and contingencies.
• 6. Inspect the home
  It’s good to know that some problems exist before you purchase. An inspection will give you an advantage of knowing your liabilities and give a little history before you fully commit.
• 7. Closing
  During this process avoid any financial charges and changes that will impact your credit score. Make sure all finances are available for closing costs.
• 8. You’ve made it through! Time to sign!
  • Bring your ID
  • Proof of insurance
  • Checks or cashier’s check for closing costs

CONGRATULATIONS! TAKE THE KEYS TO YOUR DREAM HOME!