Pamela Madore
Keller Williams Realty
806-290-1920
5 Reasons Why You Think You Can't Buy A House
Buying a house is a giant decision. Then there is a process of thinking it through. Trying to do a little planning. Googling "how to buy a house" and Pinterest decorating ideas. All that is fine but if you don't step up to the plate and do it, all is for naught.
Many people think they can't buy a house. Here are five reasons.
Fear.
- This is probably the most common reason especially for first time home buyers. You have always rented and there is some comfort knowing that if something breaks the landlord will come and fix it (hopefully). You are afraid that you will buy the wrong house. What if I tell my friends and family that I am going to buy a house and then for some reason you can't buy one at that moment in time.--embarrassed. Cold feet. Buyer's remorse. These are all things that happen to anyone that is buying a house. Information and expectations will qualm those fears. Trust me.
My Credit Scores Are Too Low
- How do you know? Credit Karma only knows so much. Plus how do you know what they are supposed to be? If you google "what do my credit scores need to be to buy a house" the first few things are Ads. Skip those. You will see that for an FHA loan the minimum credit score is 580. Go to one of the big banks and they will tell you 620 or 640 or more. If you are below 580 it often takes very little time to raise those scores. Don't walk away from the big guys discouraged. I can help.
I Don't Have Enough Money
- How much money do you think you need to have? I hear people say that they need 20% down. Since when? You can buy a house with as little as 3.5% down on an FHA loan, 5% down on a conventional loan and 0% down if you are a veteran. A good Realtor working with a good lender will walk you through the process and get you in with the least amount possible.
How Much Money Do I Need To Make
- There is no set amount. The more money you make and the less debts you have the more you will qualify for a monthly mortgage payment. This is why we get you approved for the loan before we start looking for houses. We need to know how much money you make so we know how much of a mortgage payment you can make. We take care of this. You just need to give us tax returns and paystubs. It is that easy.
I Don't Know How
- That is where I come in. I have many years experience in both real estate and financing. It is my great pleasure to walk you hand in hand from start to finish. You will know from the moment you call me (806-290-1920) to the day you get the keys, exactly what is happening and what will happen next. I am a professional in real estate and financing so you don't need to be.
You can probably think of more than 5 reasons why you think you can't buy a house. I probably can, too, but these are the most common that I have found.
Let me help you through this process and get you into your dream home!
Pamela Madore
Keller Williams Realty
3955 S Soncy Amarillo TX 79199
806-290-1920
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