*MIAMI RED SQUARE LENDING* redsquarelending Buying a House Step 1. Get Your Pre-Approval Letter Mortgage pre-approval is the process of a lender examining all of your finances to determine if you are able to buy a home and how much you can afford. Mortgage pre-approval saves time , you may be able to close faster and this can also make you a very attractive buyer. In order to get mortgage pre-approval you will have to provide: Most recent pay stubs Bank statements Tax returns Proof of loans and other debt Social Security Number for domestic buyers only Step 2. Look for the Right Home Set your priorities Make a comparison chart of several houses What suits you best? Do you prefer a downtown high-rise condo , or single family house ? Location Consider resale value Step 3. Make an Offer on the Home Once you’ve found a house you like, you must make a written offer to buy it Decide what price you should offer Negotiate terms with seller Check to see if any permits have been issued for the property Get house inspection done Step 4. Apply For Mortgage
Posted on: Thu, 08 Jan 2015 15:46:00 +0000
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