Saturday, April 22, 2006
1st time home buyer ( consider... )
ever go the the grocery store to purchase a weeks worth of food and such. only to realize you have no credit/debit card or checkbook. with only a few bucks in your pocket. hmm, not something you would do. yet in real estate many will do just that.
amazing how folks will search for a place, haggle with the asking price, then go looking for a mortgage. what would be better, is to truly find out how much you will have in you pocket before venturing out. find out what your monthly payments will be. along with the interest rate given you, to know how much home you can really afford. no need to be guessing because you 've read a few articles or a book or two (so now your an expert?).
seek the right person to work with, since you will be in a working relationship for some time. they almost hold the keys to your future home. you will be exposing much of yourself in order to get the best loan and rates. they will be your confidant. they can assist you in what your monthly payments will be. and they can help determine how much home you can go out looking for.
remember, no mortgage broker or lender will gaurantee anything until the last moment of the deal since rates change constantly. thus, there is no need to be shopping all over the place with different folks. once you have certain numbers as givens, not much you can do but to accept it and work the best with what you have.
speak with me. let's discuss what options you have to get that loan/mortgage so you can go out searching for the right priced place to call home.
amazing how folks will search for a place, haggle with the asking price, then go looking for a mortgage. what would be better, is to truly find out how much you will have in you pocket before venturing out. find out what your monthly payments will be. along with the interest rate given you, to know how much home you can really afford. no need to be guessing because you 've read a few articles or a book or two (so now your an expert?).
seek the right person to work with, since you will be in a working relationship for some time. they almost hold the keys to your future home. you will be exposing much of yourself in order to get the best loan and rates. they will be your confidant. they can assist you in what your monthly payments will be. and they can help determine how much home you can go out looking for.
remember, no mortgage broker or lender will gaurantee anything until the last moment of the deal since rates change constantly. thus, there is no need to be shopping all over the place with different folks. once you have certain numbers as givens, not much you can do but to accept it and work the best with what you have.
speak with me. let's discuss what options you have to get that loan/mortgage so you can go out searching for the right priced place to call home.
