Is it finally time to buy that first home
or have you outgrown your current home? Well, now is a great
time to get pre-qualified for a new home loan. Our mortgage
company specializes in both first time home buyer programs
as well as seasoned home buyer programs. Many of our programs
require little or no money down and can even help if you
have less than perfect credit.
Your first step is to get pre-qualified. By
being pre-qualified for a new home loan, we can tell you
how much of a home you can afford and what your payment
will be. You will also be taken more seriously by sellers
and real estate agents alike. The pre-qualification process
with our mortgage company is very simple With the information
you provide to us, we will have you out looking for that
dream home before you know it.
Once you are pre-qualified for a loan, it
is time to decide how you want to shop for your home. You
can either use a Realtor or find houses for sale via the
internet and the newspaper. Although you may save some money
by not using a Realtor, a realtor will save you a lot of
time and hassle in finding a home and closing the sale.
If you decide to use a Realtor, use someone who you feel
comfortable with and someone who listens to what you want.
A good way to find a Realtor is to asked friends who they
would recommend. At this point it is time to find the house!
Do not rush into buying a house and do not
feel pressured. For many this is the largest purchase they
will ever make and you want to make sure you can live with
your decision. So, if someone has a hot deal that needs
to have an answer tomorrow, and you are not sure, take the
time you need to be sure. Either the deal will still be
there when you have made your decision or you can always
continue looking. There are plenty of other houses out there!
Now that you have found the home of
your dreams, what's next? Next you will submit a Purchase
and Sale Agreement and put up an escrow deposit usually
ranging from $500 to $5000. In the Purchase and Sale Agreement
you will set terms of the Sale including the Sales Price
and the Closing Date. At this point it is up to the seller
to accept your offer.