Planning On Buying A House ?

It’s important to understand all the steps of the home purchasing process. What are the costs associated with the purchase and how to get to the closing smoothly.

Purchasing a property is an expensive proposition and if done correctly can be extremely rewarding, both personally and financially. Navigating the home purchasing process can be challenging if you aren’t prepared properly.  Let’s get you on your way with these tips:

1.Be sure to know your credit score, you won’t be able to buy a home until you know what you can afford based on your finances. The better your credit score is, the easier it will be for you to get an approved loan with a low rate. You should have savings for a down payment, a buyer is typically expected to put up 3.5% to 20% of the price of the property.

2. You will need a qualified mortgage lender, your purchase power is based on your finances and credit score. Speaking with a mortgage lender will best determine how much you qualify for.

3. Once you know how much you can afford, you should begin your search with a highly qualified real estate agent. Having your pre approval from your lender on hand and speaking with your trusted real estate advisor will help you find your new home. Your agent schedules showings, facilitates negotiations, handle inspections, submit paperwork and schedule your closing.

We’re here for you. 401-519-6677

 

Agent

RoseMarie Clemente

RoseMarie Clemente

Phone401-519-6677