So you are ready to buy.. Now What? Part 3

So you are ready to buy your house… Now what? Looking for your New Home!!

So you now have completed 2 steps:

You found your REALTOR.

You got your Pre approval.

So now where do we go from here? Now that we know how much you can afford now we start your home search.

• Do you know where you want to be neighborhood wise?
• Do you know how many bedrooms, bathrooms?
• Do you want a 2 story house or single story?
• Pool or no pool?

I think you know where I am headed. Those will be some of the questions we will ask. You can also do your searches on your own here. Knowing what you want is half the battle.

Most people think great this is a buyers market and I can get a great house for real cheap. Yeah at one point you could, but not at this time. Sellers are standing there ground. Houses are not over priced but where they need to be at. We are in a Normal Market. Yes there are plenty of foreclosures. Many of them need lots of work. Are you ready to do that? If not a motivated seller is your best options and there are a lot of great deals with them as well.

So would like to start your home search? Contact me here. I can help you find the perfect HOME!

Helping You Find Your Way Home!

Jeannette Neerpat
9000 Sheridan Street
Pembroke Pines, Fl 33024
www.Neerpat.com

Would you like a Free Market Analysis? Visit www.Neerpat.com or call 954-993-4104.

Selling House and Creating Homes

So you are Ready to buy…Now What?

You are ready to buy your First Home, you found your Realtor not you want to know the next step? Getting your Pre – Approval letter. Here is some information on Pre – Approvals. Know the steps you need to take, know what you are getting into before hand. You don’t want to take any risks after you bought your First Home….

Signing on the Dotted Line

What is it?
“Pre-approval” means you have met with a loan officer, your credit files have been reviewed and the loan officer believes you can readily qualify for a given loan amount with one or more specific mortgage programs. Based on this information, the lender will provide a pre approval letter, which shows your borrowing power. You can visit as many lenders as you like and get several pre-approvals, but keep in mind that each one carries with it a new credit check, which will show up on future credit reports.

Although not a final loan commitment, the pre approval letter can be shown to listing brokers when bidding on a home. It demonstrates your financial strength and shows that you have the ability to go through with a purchase. This information is important to owners since they do not want to accept an offer that is likely to fail because financing cannot be obtained.

How do you get pre-approval?
Real estate financing is available from numerous sources, including lenders here in the finance section of Realtor.com, mortgage companies that have worked with local REALTORS® and in some cases, individual REALTORS® themselves. Based on his or her experience, the REALTOR® may suggest one or more lenders with a history of offering competitive programs and delivering promised rates and terms.

The loan officer will carefully review your financial situation, including your credit report and other information. The lender will then suggest programs which most-closely meet your needs. For instance, a first-time buyer may qualify for state-backed mortgage programs with little money down and low interest rates, while a repeat purchaser (someone who has bought a home before) with more equity (money invested in the home) might want to get a 15-year loan and the lower overall interest costs it represents. Typically, first-time buyers opt for the traditional 30-year loan, with either a floating interest rate or a fixed rate of interest over the life of the loan.

Selling Houses and Creating Homes!

Jeannette Neerpat
9000 Sheridan Street
Pembroke Pines, Fl 33024
www.Neerpat.com

Would you like a Free Market Analysis? Visit www.Neerpat.com or call 954-993-4104.

Around the Town, Veteran’s Park

This statue is located on the corner of Southgate and University. Very nice park, its adjacent to the New Dog park there. There will be a Veteran’s Day celebration. If you are a Vet, this is the place to be.

Do you have pictures around town, or county? Share them here, would love to see!!