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First Time Buyers' Dos And Don'ts

By
Services for Real Estate Pros with Keller Williams Professional 0225167755

The Dos:

  1. Choose price and mortgage payment you are comfortable with.
  2. Obtain a lender approval letter.
  3. Ask your lender to share with you the programs you qualify for and then choose the most suitable for you.
  4. Obtain community information. Sarkisrealestate.com
  5. Once you find the Home you like,if you aren't familiar with the area. Call the police department and obtain a criminal report about the neighborhood you are interested in and then make a decision if that neighborhood is suitable for you and your family.
  6. DO pick a dream team of professionals. Realtor,Home inspector,closing attorney and lender to help you through the process. For more info visit Sarkisrealestate.com.

The Don't

  1. DON'T buy more than you can afford. Lenders will often loan you as much as your financial condition warrants, but that may not be what you can comfortably afford. The down payment, Cost of aquisition and escrow must  be within your income and savings range.
  2. Don't overpay for the price of your home. 
  3. Try to Buy during a buyers market when prices are low.
  4. Try to avoid negative amortirazation and confusing loans.

FOR MORE INFORMATION ABOUT THE BUYING PROCESS VISIT MY WEBSITE AND Learn more about  the unique benefits and services Johnny Sarkis has to offer by using the resources offered by this website Sarkisrealestate.com 

 

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