Home Buying Tips

Fine Tune Your Credit

Fine-tune your credit rating before applying for a loan. Cancel unused credit cards, hold off on major credit purchases, and consolidate loans… Call me to discuss other ways to optimize and possibly remove your credit rating.

Pre-Qualify

Pre-qualify for your mortgage BEFORE you begin your home search. Pre-qualified buyers know what they can afford, speed up the loan process and are more appealing to sellers. Call me to help you with the pre-qualification process.

Consider Affordability

Generally you can afford a home that costs up to 2 ½ times your family’s annual gross income. For example, with a gross income of $40,000, you may be able to afford a home worth about $100,000. Also, the lower the interest rate, the more home you can afford. Call me for more information.

Four recommendations

Four recommendations to help position yourself for home ownership:

1. Establish good credit habits and a favorable credit history.
2. Start saving for a down payment and closing costs.
3. Read books about owning a home.
4. Research where you would like to live.

Fair Price

Fair price is based on many variables when purchasing a home. As a REALTOR , I have the knowledge and expertise to negotiate the right price for you. Call me to learn more about fair market value.