Atlanta home buyers: Do you focus on the important or the urgent? It is so much easier to fall in love with a home than take a few hours to choose a competent Atlanta mortgage consultant to formulate the perfect mortgage plan that will help you to create and preserve wealth. The mortgage itself is boring because you can't touch it or see it. The home itself brings everything into focus and allows you to dream about yourself in that home into the future.
If you have not consulted with and chosen a local mortgage professional, before you sign a purchase contract, then it will much more difficult to create and execute a competent mortgage plan. You focus on the urgent. The purchase contract deadlines do not allow time for clear thought. The changing mortgage market or unknown restrictions imposed on a buyer because of underwriting guidelines or the surprise when the payment for the home you fell in love with is significantly more than you "thought".
Creating a Mortgage Plan is the important, so focus on it first. You may want to examined in every part of your life and ask yourself the same question. If you don't have some sort of Estate Plan, and a Will, a Directive for Health Care or a comprehensive Financial Plan, then you remain in the "URGENT" camp. BREAK CAMP NOW.
ACTION ITEM: Gather your Personal Board of Directors(PBD's), and begin to focus on the IMPORTANT. How do you find your Personal Board of Directors, you ask? I will save that for future posts.
Your Friend in the Mortgage Business,
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