Home buying can be very easy when the home buyer is part of a great team (home buyer, Realtor and lender) and when the buyer

understands the few steps one must can take to get started in the

home buying process.

 

 

 

1) HOW MUCH HOME CAN I AFFORD?

 

The very last thing any home buyer turned homeowner wants to do is get in over their heads. When done correctly, it can be a very rewarding experience and lucrative investment. Write out your monthly bills determining what you can afford while at the same time eliminating the more unnecessary expenses. Feel free to use a Mortgage Calculator in assisting you with a rough estimate of the monthly mortgage payment you can expect to pay.

 

 

 

2) SPEAK TO A REALTOR® WHO KNOWS THE AREA, THE MARKET AND A GREAT LENDING PROFESSIONAL.

 

A Realtor can determine your purchasing needs, your wants, short term and long term and best match you with a recommended lending professional that can help you to accomplish your home buying goals. Realtors for the most part, know which lenders have a proven track record for closing deals on time with as little out-of-pocket costs to their clients. They are able to vet out the over-promisers and for your sake find the ones that are most experienced with obtaining great financing and closing on a loan that is best suited to you, your income and your circumstances. Remember ultimately it is YOUR choice as to whom you will use as your lending professional, so choose wisely.

 

 

 

3) BE COMPLETELY HONEST AND TRUTHFUL WHEN SPEAKING TO THE LENDER.

 

The lender will need to know your past buying history if any. They will also need to obtain personal information such as last 2 years of income tax statements, last 2-4 paycheck stubs and SS# for credit report check. There are less curve balls thrown into an escrow when the lender completely knows your circumstances. The last thing you want with your good faith deposit on the line is to have a delay with an expensive per diem or worse a loan application turned down because you weren't forthcoming about estranged spouses, back taxes, being on title, etc.

 

 

 

4) WHEN YOU ARE READY, CALL ME AT 301-793-3614

 

As your Realtor, I can now compile a more precise list of homes for sale in your targeted area to view that you can comfortably afford.

 

 

 

START THE HOME BUYING PROCESS NOW:

 

If you are considering home buying in Maryland or Virginia do not hesitate to call me at 301-793-3614. If you are looking for any other state; I have quality agents I can refer you to as well that I trust to efficiently handle your home purchase or sell.