As a real estate professional, I have been buying and selling properties for over 25 years. I promise you not only the type of personal, confidential and professional service you deserve, but also the results you expect. I look forward to handling all the many details of what can be a major financial and emotional experience for my clients.
DO'S and DON'T
DO get pre-approved.
Not only does pre-approval ensure that you are shopping for homes in price ranges you can afford, but it also can speed the process once you find the right home. Federal regulations restrict what a lender can send to a non-qualified applicant.
DO check your credit report.
Visit annualcreditreport.com for a free copy of your report. You might be surprised to find numerous unsolicited credit inquiries from various vendors wanting to make you offers of credit cards or loans. Excessive credit inquiries can negatively impact your credit score — but you can put a stop to them by opting out via an 800-number provided in your credit reports.
DON’T change jobs.
Some buyers will change jobs without letting their lender know because they think that if it’s a better salary, it won’t matter. Wrong. Most investors require 30 full days of paystubs, so changing jobs will delay closing until the 30-day paperwork is obtained.
DO continue paying bills on time
There perhaps is nothing more critical to your loan than your FICO score. It affects your rate, the program, the cost of any mortgage insurance and your hazard insurance. Make sure you continue paying any credit card bills regularly and stay current on car or other loans. And, don’t open or close credit cards or get cash advances on a card or line of credit.
DON’T make major new purchases on credit.
“You absolutely do not want to make any major purchases until after you have closed on the home purchase.
DO expect a final credit check before loan closing.
The below calculators can assist you with estimating your home cost.