Buying a home can be an overwhelming process to both first-timers and experienced buyers. My job is to guide you through the process and help ease the stress associated with buying a home.
When you hire me as your Buyer’s Representative, I will work on your behalf to identify the right property, negotiate terms, interpret inspections, re-negotiate if necessary, and ultimately close the deal.
Part of the service I provide to my clients is granting them access to perform property searches through Berkshire Hathaway Home Services’ Buyer Advantage™. This system allows you to conduct property searches directly from MLS, modify search criteria, and will send email notifications of matching properties as soon as they hit the market.
MORTGAGE INFORMATION & BUYER PRE-APPROVAL:
A common question many buyers ask is “What is my purchasing power?” The answer to this question is very complex in nature as mortgage regulations are stricter today than ever before.
As a home buyer, pre-approval is a vital first step in your home buying process. It determines the sales price range of the home you can qualify to finance, puts power behind any purchase offer you make, and expedites the closing process.
Your mortgage lender will consider the following factors: credit history, steady income, and down payment.
Credit History: Your ability to secure a home loan is based partly on your credit report and FICO scores. Strong credit scores support your ability to manage debt.
Steady Income: It is important to establish a history of steady income and the ability to satisfy the monthly payment. You will need to provide your lender with current paystubs and Federal Income Tax statements for the previous two years.
Down Payment: Your lender will require evidence of sufficient funds to cover the required down payment and any closing costs associated with the transaction. This evidence includes copies of recent bank statements.
When selecting a lender it is important to perform your due-diligence. If you would like to be introduced to a qualified local lender, please contact me.