Evaluate your financial situtation as the lenders do. Typically, your total monthly housing costs (PITI) should not exceed 28 percent of your gross monthly income, and your total "expenses" each month should not exceed 36% of your gross income.
Your Agent is also instrumental in finding the perfect property, preparing the proper contracts, and negotiating the right price and terms of your sale. Pamela Addison will do the work so that you won't have to!
First time Home Buying? No Problem! Pamela Addison will educate you and walk you through the entire home buying process. Click here for an informative presentation! (Then enlarge the browser window and click topics at left to watch and listen.)
Steps to buying a home:
1. Save your money!
There are not many institutions that will provide 100% financing without a credit score that is over 700. Get prepared to show your lender that you have down payment funds. This is a real plus! In addition to down payment and closing funds, you'll need funds for those "out of pocket" expenses such as the home inspection, termite inspection, and appraisal fee.
2. Pull your FREE Credit Report
Pamela Addison will show you how to pull your Free credit report from all three credit bureaus. It is important for you to see your history before anyone else does. Then, allow, the Credit Repair Experts at 1st Option Mortgage to repair items on your credit and get your approved for a loan. 1st Option performs credit repair and keeps you involved in the repair process so that you are aware of the credit items that need attention. Contact 1st Option Mortgage Today!. Click the link to get started with cleaning up your credit file. Credit clean up is key.
1-877-322-8228 Request all 3 at once!
1-800-680-7289 Trans Union
1-800-525-6285 Equifax
1-800-301-7195 Experian
3. Contact Pamela Addison, REALTOR at Janet Whitfield Realty (770)355-4544
4. Discuss your home needs with Pamela Tell me what kind of home you desire and what area you area you would like to live in. Also tell me what you think you can afford to pay in mortgage payments. This helps me to narrow the search and "pinpoint" the home of your dreams quickly.
5. Contact your Lender
Once you have had your private consultation with Pamela, she will provide you with a list of reputable lenders who are ready, willing, and capable to provide you with funds to purchase a home. Pamela and your Lender will work together to get you in position to buy your desired property.
6. View homes with Pamela
Pamela obtains information about neighborhoods and homes to help you make the best decisions for yourself and family.
7. Making an Offer on a Property
Pamela is an expert in contract negotiation. I will negotiate the terms of the sale and get you the best price under the best conditions.
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