Things to Keep In Mind When BuyinG selling Real Estate
Included here are both basic answers to frequently asked questions and general thoughts you want to keep in mind when considering buying or selling a piece of property.
What to consider when purchasing a home?
What Financing Options are Available to You?
What to consider when purchasing a home?
- Do you have enough money? If not do you plan to use down payment assistance? (Click Here, to learn more down payment assistance)
- Are you interested in a fixer upper?
- How much should you offer on the home you want to purchase?
What Financing Options are Available to You?
- FHA Mortgage Financing
- Conventional Mortgage Financing
- VA Mortgage Financing
- USDA Mortgage Financing
- Fannie Mae Low Down Payments
When is the Right Time to Seek Financing?
Considerations For Financing
You’ve found the Right Property, Now What?
- The right time is BEFORE you start your search
- Why do I need to be pre-approved?
- Pre-approval vs pre-qualifications… What’s the Difference
- What is underwriting
Considerations For Financing
- Length of employment
- Credit history
- Debt to income ratios
You’ve found the Right Property, Now What?
- What is an “earnest deposit”
- Time for Inspections
- Appraisals Vs Inspections: What’s Difference and Why it Matters
