Thursday, November 15, 2012

Ok how do I stay calm during buying a home?

This question comes up especially when buyers know someone who had a bad experience or heard a story. I find the best approach to this concern is to get the pre-approval all set, to ask any and all questions and to get regular updates on the stustus of the transactions. When these three pieces are in place I see far less breakdowns.
Credit- check it before you start fix any issues
Income- explain if you have unqiue income, gap in employment
Assets- document all non pay roll deposits and explain these explanations to your loan agent
Get a clear breakdown of costs
Confirm
Confirm
Ask questions

The experience will open up and be much more understandable

Alan

1 comment:

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