ORGANIZATION IS THE KEY TO FINDING THE HOME YOU WANT.
STEP 1. Schedule Buyer Orientation
Let's meet. We will go over the entire buying process and work out an action plan. Please call/text 702-683-7519 to schedule an appointment.
STEP 2. Pre-Approval
It's always best to find out how much house you can afford before you go house-hunting. I can provide some lenders who can assist you with determining how much of a down payment, along with the monthly payment you can handle.
STEP 3. Make A List of Everything you Want in your Home
Is a master suite important? How many bathrooms? What about closet space? How about a fireplace or bay window? We will go over the list so that I'm very clear on what you want and need in your home.
STEP 4. Home Tour
Look at several homes, even if you love the first one you see. Many times it takes looking at multiple house before you find the one that is really right for you.
STEP 5. The Purchase Agreement
Once you've found the home you want to buy, together we'll complete a purchase agreement. This is a contract in which you and the seller outline the details of the property transfer.
AS YOUR WINDERMERE AGENT, I WILL WALK YOU THROUGH EVERY STEP OF THE WAY.
WHAT IS THE DIFFERENCE BETWEEN PRE-QUALIFIED AND PRE-APPROVED?
These terms refer to your status in the loan approval process. Pre-qualification is a determination of your probable ability to obtain a loan. Pre-approval means that the mortgage lender has already verified and approved your credit and income. Obtaining pre-approval early in the process will make your offer more attractive to the seller.
WHAT IS EARNEST MONEY?
Earnest money is the "good faith" deposit submitted with your offer to show the sellers that you are serious about purchasing their home.
WHAT ARE CLOSING COSTS?
Closing costs are charges paid to various entities during the real estate transaction. They can include escrow fees, document preparation fees, the cost of an inspection, and lender fees.
WHAT IS A POINT?
A point is equal to one percent of the loan principal. Some lenders charge points, in addition to interest and fees, at closing.
WHAT IS TITLE INSURANCE?
Title insurance protects against loss from any defects in the legal title, liens against the property, or other adverse claims. The lender usually requires title insurance.
30 Year Fixed
15 Year Fixed
For general informational purposes only. Actual rates available to you will depend on many factors including lender, income, credit, location, and property value. Contact a mortgage broker to find out what programs are available to you.