There is a long list to think about when buying a home, so start at this basic one. Get a pre-approval, not a pre-qualification, for your mortgage.
A pre-approval is what is required when making an offer, and you should get that done with at the outset. We can refer you a banks or a mortgage lenders. You can start with a pre-qualification simply by talking to them on the phone. In most cases you should know your affordability at that time. Next you will find out your options and how they effect your down payment if any and closing costs. The loan you will be working with may also dictate what types of homes you can purchase before you look.
Figuring out the mortgage and obtaining financing for a new home turns the dream phase “wouldn’t it be great if…” into the reality of “it’s actually going to happen!” There’s much to learn, many steps to take, and lots to do to accomplish a successful real estate transaction.
Hint: If you’d like some help with the process, we welcome your call at NANCY “D” STORINO 315-778-1845 FROM 9AM-8PM, 7 DAYS A WEEK.