BUYERS

MAKING THE DECISION TO BUY

WHETHER YOU ARE BUYING, SELLING, OR INVESTING, THERE ARE CERTAIN STEPS YOU MUST TAKE BEFORE MAKING A PURCHASE. THIS IS A CRITICAL TIME, SO IT IS IMPORTANT TO BE MINDFUL OF YOUR FINANCIAL STABILITY BEFORE COMMITTING TO ANY LARGE PURCHASES. IT IS ESSENTIAL TO MONITOR YOUR CREDIT SCORE, AS IT WILL HAVE A SIGNIFICANT IMPACT ON THE PRICE RANGE OF YOUR FUTURE HOME. TO ENSURE YOU ARE PREPARED, CREATE A FILE AND STORE ALL RELEVANT INFORMATION, SUCH AS AUTO LOANS, BANK ACCOUNTS, CREDIT CARDS, LEASE COPIES, FINANCIAL STATEMENTS, INVESTMENTS, TAX RETURNS, PAY STUBS, LIFE INSURANCE, 401K STATEMENTS, AND INVESTMENT PORTFOLIOS.

IN TODAY'S SOCIETY, THE HOME BUYING PROCESS CAN BE ESPECIALLY DAUNTING, WHERE INVENTORY IS LOW AND PRICES ARE AT AN ALL-TIME HIGH. TO MAKE THE PROCESS EASIER, WORK WITH EXPERIENCED REALTOR® TIFFANY ROBERTS. SHE HAS DEVELOPED A SUCCESSFUL SYSTEM THAT WILL HELP YOU NAVIGATE THE PROCESS WITH EASE. WITH HER EXPERTISE, YOU CAN REST ASSURED THAT YOU WILL BE IN GOOD HANDS.

BOOK A CONSULTATION

PREPARING TO BUY

BEFORE PURCHASING A HOME, YOUR FIRST PRIORITY SHOULD BE TO SETTLE YOUR FINANCES. IF YOU KNOW YOU NEED TO SAVE UP FIRST OR GIVE YOURSELF TIME TO GET THINGS IN ORDER, USE THAT TIME TO CLEAN UP AS MUCH DEBT AS POSSIBLE AND IMPROVE YOUR CREDIT RATING. IT IS A COMMON REQUIREMENT TO PUT DOWN 20% FOR YOUR DOWN PAYMENT, THEREFORE IT IS PERTINENT THAT YOU SAVE, SAVE, SAVE!

OF COURSE, THE DOWN PAYMENT IS TYPICALLY A CASE-BY-CASE SCENARIO, THERE ARE SOME COMMONALITIES BETWEEN DIFFERENT LENDERS THAT OFTEN REQUIRE THE SAME PREREQUISITES. MOST BANKS WILL REQUIRE ONLY 5% DOWN. IT’S BEST TO SHOP AROUND AND FIND THE BEST QUOTE FOR YOU. WITH THAT BEING SAID, I’LL WRAP THIS PORTION UP BY SAYING GET PRE-APPROVED.

“PRE-APPROVAL” AND "PRE-QUALIFIED” DO NOT HAVE THE SAME MEANING. A PRE-QUALIFICATION GIVES YOU A ROUGH ESTIMATE OF WHAT YOU CAN BORROW. A PRE-APPROVAL DECLARES HOW MUCH SPECIFICALLY, YOU ARE ELIGIBLE FOR.

OFTEN TIMES, BEFORE YOU ARE ABLE TO VIEW A HOME, MOST LISTING AGENTS INSIST ON PROOF OF FUNDS OR A PRE-APPROVAL LETTER. IT IS IMPORTANT TO GET THIS PART OF THE PROCESS COMPLETED AS SOON AS POSSIBLE. THE MARKET IS MOVING FAST, AND WITH PROOF OF FUNDS OR A PRE-APPROVAL LETTER, THE CHANCES OF YOU GETTING YOUR DREAM HOME INCREASE DRAMATICALLY! NOT TO MENTION, THE SELLER WILL UNDERSTAND THAT BY YOU HAVING THOSE FUNDS PREPARED PRIOR TO ATTENDING YOUR FIRST OPEN HOUSE, YOU ARE A SERIOUS CANDIDATE. THE BEST PART ABOUT GETTING YOUR PRE-APPROVAL LETTER EARLY IS THAT YOU WILL HAVE A REALISTIC IDEA OF YOUR HOME FUTURE HOME PRICE RANGE.

SPEAKING OF PRICE RANGE, THERE ARE OTHER FEES TO BUDGET INTO YOUR HOME PURCHASE. THERE COULD BE SOME UNFORESEEN FEES THAT MAY ARISE HOWEVER, HERE ARE SOME COMMON FEES YOU’LL COME ACROSS:

HOME REPAIRS
CONTINGENCY FEES
CLOSING COSTS
CONCESSIONS
INSPECTIONS
INSURANCE
FEES ASSOCIATED WITH LOAN

CLICK THE BUTTON BELOW TO GET STARTED WITH A CONSULTATION OF YOUR NEEDS.

BOOK A CONSULTATION

TriVista Dynamics

TriVista Dynamics

BUYERS

MAKING THE DECISION TO BUY

PREPARING TO BUY

TriVista Dynamics

TriVista Dynamics

BUYERS

MAKING THE DECISION TO BUY

PREPARING TO BUY

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