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The initial step in purchasing a home is getting pre-approved for a mortgage. After our discovery call, we’ll recommend meeting with a lender to determine your budget and secure a pre-approval letter. This helps us find homes within your price range and shows sellers you're a serious buyer.
Real estate taxes and homeowners insurance makes up a portion of your monthly mortgage payment. Taxes vary by county, but insurance is a statewide issue. Have no fear, I know what property features to look for in a home to help keep your premium low, and if you are a seller, I will point out concerns buyers may have when touring your property.
No! While a 20% down payment can help you avoid private mortgage insurance (PMI) and might give you better loan terms, many loan programs allow for lower down payments. We can chat more about this when we meet and connect you with a trusted local mortgage lender.
This really depends on each seller, as everyone's situation is unique. There will be mortgage payoff, agent fees, seller closing costs, property taxes and any other outstanding balances pertaining to the property. When we meet, I will create a seller's net sheet for you, which will have a break down of all your expenses. We will review and discuss this is great detail together.