First Time Home Buyers
Getting Started
- Prequalify for a loan
- Determines how much house you can afford. Factors for determining what you can afford include:
- Gross income
- Cash available for down payment, closing costs and cash reserves required by the lender
- Outstanding debts
- Credit History
- Type of Mortgage
- Current Interest Rates
- Allows you to move quickly when you find the right house
- Shop for mortgage rates and terms
- A mortgage broker is an intermediary between a buyer and a lender and the brokers expertise is to help you find financing that you might not find yourself
- Contact me if you need a recommendation for a mortgage broker
- Find a real estate agent
- Legally responsible for representing the buyers interests in the real estate transaction creating a fiduciary relationship
- Assist with financing process
- Search for homes that meet buyers needs and objectives
- Prepare and present offers to purchase and negotiate on buyers behalf
- Provide guidance in acquisition of property
- Facilitate the escrow process
- Work together as a team with clear communication
- You found your real estate agent Gayle Pietras!