First Time Home Buyers Guide- Get the Ball Rolling as Early as Possible According to mortgage experts, buyers need to start preparing six months to a year before they start shopping. “You may need some time to restructure or reduce debt obligations to meet the qualification of the lender". “You may need some time to build up savings to acquire the right amount for the down payment.” Some banks are looking for a 20% down payment, but some ask for as little as 5% so it pays to shop around and look for the best terms and rates. Having your finances in order ahead of time will ensure there aren’t any problems that could result in you losing the house before a sale is complete. Sincerely, Joseph R. Silagi / Founder & CEO Synergy Equities Group LLC (586)337-7706 Jsilagi.synergy@gmail synergyequitiesgroup@gmail Like us on Facebook https://facebook/pages/Synergy-Equities-Group/375409232577670
Posted on: Tue, 25 Jun 2013 03:17:24 +0000
Trending Topics
Recently Viewed Topics
© 2015