| Congratulations
on your decision to buy a new home! There are many
important things to consider throughout the home loan
process, especially if you're a first-time homebuyer.
Here's some information that will keep you on track. |
| In
General.... |
| A home
purchase may be your largest financial transaction to
date, so it's important to make the right decisions
and to keep an eye on the details. With the assistance
of your Real Estate Agent and Loan Officer, it should
be an efficient, pleasant, and ultimately rewarding
experience. |
| Count
On Your Real Estate Agent To.... |
| 1.
Preview available homes to weed out those that
are overpriced, or undesirable in some other
way. |
| 2.
Present the homes that suit your needs as
you've defined them. |
| 3.
Help you determine the difference between a
"good buy" and a property which,
because of its nature (neighborhood, market
appeal, etc.), might have to be discounted if
you decide to sell in the future. |
| 4.
Negotiate the best deal for you. With a
Pre-Qualification letter from houstonmortgage.com
in hand, your Real Estate Agent will be able
to demonstrate that you are a qualified and
capable borrower. This will strongly influence
the Seller, and may make the difference
between the Seller accepting your offer or
someone else's -- even if your offer is lower! |
|
| Count
On Your Mortgage Broker and Loan Officer To.... |
| 1.
Assist you in selecting the best home loan to
meet your personal situation and goals. (This
single decision can save you thousands of
dollars throughout the years!) |
| 2.
Keep you informed of your home loan status
throughout the entire process. |
| 3.
Keep your Real Estate Agent informed of our
loan progress (Note: your personal information
is always kept confidential between you and houstonmortgage.com;
only deal points and progress are shared). |
| 4.
Get the appropriate loan for you at the best
rates and fees. This will save you significant
money "up front" and throughout the
years to come. |
|
| Count
On Yourself To.... |
| 1.
Keep your Real Estate Agent informed of any
questions or concerns as they develop. |
| 2.
Keep the process moving by providing
documentation and decisions as soon as
reasonably possible. By doing so, many of the
details are taken care of early in the process
so you can comfortably concentrate on any
last-minute details or events that require
your attention. |
| 3.
Enjoy purchasing your home, but do remain
objective throughout -- to make the business
decisions that are best for you. |
| 4.
Make sure you are pre-approved as early as
possible. This will put the power of financing
behind you so you can concentrate on selecting
your home. |
|
