Wednesday, February 28, 2007
1st time home buyers ( still thinking backwards )
oh my gosh, there are still way too many folks who are thinking a bit in reverse with finding a place to call home. why are folks going out with some thought in the air of how much they can afford; seek out a few places, haggle with a price, then afterwards find a mortgage to fit their price tag. only to realize they may not get the dream home. why is that so?
think of it like going out to buy food for a huge party and you only have 2 dollars in your pocket. the store won't allow credit, and the food may spoil by the time you return with the proper amount in hand. ha ha ha...
another way of going about finding the huge investment of time and money along with getting your dream place. would be to seek out the true dollar amount you can really afford. find that mortgage broker, maybe a bank.
first figure out how long you intend to live there. make sure you are truly honest with your finacial picture. otherwise it will come out in the wash. making everyone who would have worked with you, a waste of time and beyond pissed off. in addition, creating the grave opportunity that you would need to start all over again with the grueling process.
think of it like going out to buy food for a huge party and you only have 2 dollars in your pocket. the store won't allow credit, and the food may spoil by the time you return with the proper amount in hand. ha ha ha...
another way of going about finding the huge investment of time and money along with getting your dream place. would be to seek out the true dollar amount you can really afford. find that mortgage broker, maybe a bank.
first figure out how long you intend to live there. make sure you are truly honest with your finacial picture. otherwise it will come out in the wash. making everyone who would have worked with you, a waste of time and beyond pissed off. in addition, creating the grave opportunity that you would need to start all over again with the grueling process.
