For Buyers
How I Can Help
Before you start looking
Closing Costs
- Provide you information on comparable sales and help you formulate an offering price and negotiating strategy.
- Point out all the negative aspects of each property as well as all the positive aspects so you will be fully informed when making my decision.
- Supply you a list of lenders, home inspectors, insurance agents and other professionals that I recommend.
- Tell you everything I can find out about the seller and their reasons for selling.
- Show you all the homes on the market that meet your needs, including For Sale By Owner properties, foreclosures, and other properties.
- Guarantee that any information you give me will be kept confidential.
- Guarantee you my undivided loyalty.
- Guarantee you I will not try to change my relationship with you to "dual agency", "designated agent", transactional agent", or any other form of agency that offers reduced levels of service.
- Guarantee you 100% loyalty 100% of the time.
Before You Start Looking For Your New Home:
- Check your credit rating. Straighten out any errors before its too late.
- Determine a comfortable monthly budget for your new purchase, including down payment and monthly payment.
- Find a loan program that meets your needs and get pre-qualified (preferably pre-approved).
- Choose a REALTOR® that you trust and who understands your needs.
- Determine what neighborhood best matches your needs.
- Identify important features you need your new home to have.
- Lender fees include charges for loan processing, underwriting, preparation and establishing an escrow account.
- Third-party fees include charges for insurance, title search, and other inspections such as termites.
- Government fees include deed recording and state & local mortgage taxes.
- Escrow and interest fees include homeowner's insurance, loan interest, real estate taxes, and occasionally private mortgage insurance.
Find out how much your closing costs could be.
* Don't make any major purchases such as a new car, expensive electronics or appliance, or anything else that you cannot pay cash for. The extra payments may prevent you from getting a loan.
** Don't move money from one account or investment to another. One of the things a lender is concerned about is the source of funds for your down payment and closing costs. The lender will ask for statements for the last 3 months for all your bank and investment accounts and even your company 401K and retirement accounts.
*** Lenders like to see what is referred to as "seasoned money", that is, money that has been accumulating in an account over a period of months or years. If your bank account has a large deposit that was made less than 3 months ago they may think the money was a loan from a relative who is trying to help you qualify for a loan. Then you will have to prove where the funds came from which can be a time consuming process.
**** Please, leave your money where it is until you talk to a loan officer. And don't move a significant amount around without letting the lender know about it in advance.
