In a previous post we explored the whole “First the Loan, then the Home.” Mentality of Home Shopping. The idea is that if you begin shopping for a $175k home because you used an online calculator and figured that’s what you could afford… but some reason you DON’T qualify for that much… you’re never going to find a $150 house that looks like the $175K’s. Does that make sense to you?
Lending is so very complicated, that you really really need to get pre-approved by a REAL PERSON! (preferably us!)
SO we’re on to Step 2! “Now that you and the agent know your budget, there are still questions about family, hobbies, interests, floor plan layouts, decorating tastes, schools and LOCATION which must be addressed. Once these questions are answered, then you can see what is on the market. In some prices rages, there are more buyers than listings and that is where your patience and the Realtor’s persistence come into play.
With today’s technology, Realtor’s have access to the constantly changing market which helps them keep an eye out for houses that meet your needs! ”
Let’s go back and re-read that highlighted section. See that “R” word? Realtor? Guys! You could cut your own hair… but why would you? As a buyer, a real estate agent does not COST you anything!
We work with some of the TOP agents in the area. If you don’t have one yet, Ask Us for a recommendation!!
If you are considering buying a home in Raleigh or purchasing a home in Cary, contact Steve and Eleanor Thorne, Connect With Us on Facebook, in Cary, NC 919-649-5058
i have credit score 670 but i have colletion insted my wife has 728 but has no colletion but i do not if i get the loans program
Depending on the type of loan you are seeking, and the type of collection you have – you might not have to pay the collection off. For instance, at this time, FHA is not making Medical Collections be paid to qualify for a loan. If you have questions about it, please call us at 919 649 5058
My credit is over “X” I want to buy a home.could I get a FHA loan .
Yes – I just deleted the score you had in the comment – but it is clearly high enough to be able to purchase a home, and someone on our team will contact you.