When you finally arrive at the decision to purchase a home you should always contact a Realtor.
The Realtor will be happy to refer you to several reputable lenders so that you can discover the price you can afford and the price that you would be comfortable with making the payment. Please try not to buy any large purchases several months before buying such as a car or auto lease and also keep up credit card payments and try not to purchase anything you can't afford to pay cash for. The lender will go into more detail with you and also be helpful if you don't have perfect credit by showing you how it can be repaired. Don't wait for the last minute you will be disappointed if rates go up and we now have some of the best rates in 30 years! Once you are approved by the lender and you know what price you want to look for, get a letter from your lender to give your real estate agent. Your letter will give your offer credability.
Now comes the fun part, looking for your new home. Your real estate agent will show you homes that she finds meeting the criteria that you provide to her, she will write your offer, help negotiate the price and repairs if necessary and then follow your transaction for you every step of the way. Your agent will set up escrow who will then make sure that the home has no liens or encumbrances along with a host of other things such as drawing up the final closing statement for you. The day of closing will be a celebratory day!
Buying a home can be fun and easy with the right realtor.
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