Buyer
Choosing to buy a home is a big decision. For a lot of people, owning a home is worth it because it gives a sense of security and stability that renting won’t bring. Homeowners get to capitalize on their home’s equity, which accumulates over time. Real estate properties have been known to increase its value over time or appreciate. No other asset can build your wealth more consistently. When you rent, you are building your landlord’s wealth and not your own. Homeowners also get to enjoy tax deductions on mortgage interest payments and other homeowner expenses. Long term buying is always cheaper than renting. Buying a home lets you lower your living expenses significantly in the long run. For a lot of people, the idea of living mortgage or rent free someday is very attractive. Buying a home will give you the power to make the home your own and have the pride of ownership that comes with owning the home. Many homeowners will agree that privacy, peace, and stability of owning a home is beyond price. Purchasing a house means that your children will always have a place to call their own. As you can see there are many reasons why buying a home is better than renting. If you are ready to become a homeowner, I would be happy to assist you in achieving your American dream.
B. Closing Phase:
1. Narrow down choices to 3 properties
2. Pick the right home that fits most of your criteria
3. Choose your lender
4. Make an offer
5. Offer accepted
6. Have a home Inspection
7. Get an Appraisal
8. Complete the necessary paperwork
9. Close the sale and get your keys
A. Beginning Phase:
1.Check your credit score and improve if needed.
2. Determine your affordability Home Cost/Mortgage/Other Costs
3. Save the necessary down payment %
4. Get Prequalified/Preapproved by a couple of different lenders
5. Find a realtor and begin house hunting
