Getting Ready to Buy Real Estate
Getting Ready to purchase real estate? Get your finances in order. That is the first step, not touring property. If your finances aren’t in order how do you know what price range to be looking in? You don’t want to fall in love with a piece of real estate, decide to make an offer on it, then go to a lender only to find you can’t qualify to purchase it.
You will be prepared to buy property and have the information available for potential lenders while using the best negotiating strategy of getting pre-approved. This is one of the key points to getting ready!
Credit scores range between 200 and 800, with scores above 620 considered desirable for obtaining a mortgage, but that changes as well as the interest rates. There are ways of improving your credit score before you make your purchase but the key is to start well before you tour your first property.
When you are getting ready and applying for a mortgage your lender will require several items from you. Be prepared and have the items from the list below ready for submission. Having these items readily available will speed up the amount of time to process your loan and lessen the amount of contact needed. Whether you are a first-time home buyer, a move-up buyer, a luxury home buyer or an empty-nester downsizing, you’ll want to learn the home ownership costs and include in your budget.
Get Your Finances in Order
The first step to getting ready to buy a home is to get your finances in order by following a To-Do List. You will be prepared to buy a home on Lake Norman.
Know Your Credit Score
Learn what factors that affect your credit score and what credit score ranges are considered desirable for obtaining a mortgage when buying a home on Lake Norman.
Improve Your Credit Score
View the Lender Checklist and have these items ready when you apply for a mortgage to buy a home on Lake Norman. Your lender will require these items.
Home Ownership Costs
Review additional home ownership costs. If you’re a first-time home buyer, a move-up buyer, a luxury home buyer or an empty-nester downsizing don’t forget these
More Home Buying Tips
If you planning to buy real estate in the Lake Norman area, getting ready and find more information about the home buying process, how to find a Realtor, some property search tips, what happens from contract to closing is essential.
Buyer Tip Videos
Visit my YouTube Channel’s “Home Buying Tips” playlists. There are many helpful home buying videos to watch.
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You’ll find family fun; attractions & entertainment, cultural guide, event information, parks & recreation and clubs & organizations. For the latest on local sports from professional to t-ball visit the sports information and golf guide. For those of you that think shopping is a sport, visit the shopping guide. Because you care about your family find medical information and school information.
For additional business information you’ll want to look at NC information and political information. As a result, you can keep up with all the local events whether it’s for fun, business, local or national news on the media guide page.
Robin is a licensed as NC real estate agent. Robin works in the Lake Norman real estate market towns of Cornelius, Huntersville, Mooresville, Denver NC, Davidson and Charlotte NC. She will educate you and ensure you are taking advantage of the best market opportunities. Robin will also help you set realistic expectations. Furthermore, she will walk with you through the entire process. Home buyers can trust Robin to help them find a property of their dreams. Home sellers will receive unparalleled exposure to their listings. She will assist her clients in negotiating the best possible price. She will also do her part in keeping your transaction running smoothly! Ask her any general question about real estate in NC and around Lake Norman.
Thank You for Visiting Getting Ready to Buy
Getting ready to buy offers tips for a successful journey. Matching homes with lifestyles is the basis for Robin’s real estate business. Most of all, contact Robin if you have any general questions.