Have you been renting for years and are tired of rent increases, deposits, down payments, restrictions, and paying someone else's mortgage? I have been there. We bought our first home back at the end of 09 /begining of 2010. I was tired of renting. Paying all that money and having no ownership. Paying more for something temporary than something permanent. Luckily my mother was a realtor and I knew where to start but most don't have that luxury. Where does it start?
It starts with talking to a lender. Most go with an institution or person they can place a foot in or a face they can sit in front of but be careful because bigger doesn't always mean better. I went with my bank that had my personal financial information for the past 12 years. Should be easy right? Well that bank, who will remain undisclosed, sent me through a mound of hurdles and obstacles. After 4 weeks of sending statements, paystubs, taxes, first born...... I'm kidding, we still did not have a "pre-approval" and I was losing my mind. A friend of mine at work told me he knew a lender who wasn't apart of a big bank like the one I was dealing with. I got his contact information and sent him an email. I got a phone call within minutes of sending. Lo and behold I was approved for "x" ammount of dollars within 24 hours. Woohoo! Now I can look at houses right? Not so fast.
Now you need a Realtor to represent you and open up doors. Someone who has access to the local multi list (MLS) and can pull the property searches you are needing. That is where I/we come in.
I've had people look at homes prior to obtaining a pre-approval and they fall in love with a home that after hearing back from the lender, they can't afford. So now, no home they look at will be that one and will be hard to place their heart with another. There is an emotional process when buying a home. Sometimes we can't put our finger on it but we just know it's the one. Talk to a lender first and make sure you don't ruin your search. Never put the cart before the horse. Find out not only what your max loan value is but what you can ultimately afford. Don't try to change your life style to buy a home.....that's something for another topic. Until next time!
Author:Randy Bocook Phone: 336-455-2128 Dated: May 2nd 2017 Views: 160 About Randy: 50 Edsel Drive, Richmond Hill, GA...
View our latest blog posts in your RSS reader. Click here to access.
The Agent who knows, lives and Sells Coastal Georgia. Buying a Home in Richmond Hill Georgia? Fort Stewart PCSing ? Buying a home in Savannah or Pooler? Let us Help. Over 17 years of experience . Voted # 1 Realtor in Bryan County Again!!
One of my absolute favorite restaurants in Richmond Hill is Fish Tales
"We couldn't have asked for a better realtor!! We just bought our first house and James made it so easy! Any question, any issue, he was always there to guide us through the process. If he didn't answer the phone when we first called, he always called back within the hour or contacted us to let us know when he would be able to get back to us. Extremely helpful and a great guy! Wanted nothing but the best for us and that's what we got with him! I'd refer him a million times!"