Buying a home is a team effort (you the buyer, your REALTOR®, and your lender). A good agent will be there every step of the way to make certain you, the buyer, make it to settlement/closing and beyond. Your agent will work with you to help you accomplish your real estate goals. A good agent works closely with all parties involved in the contract; lender, home inspectors, settlement company, and possibly contractors to help insure your needs are met.
A successful purchase starts with the right representative….of course selecting David Rainey and Your At Home Team will make the process as smooth and stress free as possible. Many times buyers think it is in their financial interest to work only with the listing agent…..remember the listing agent works for the seller. Select an agent that will represent you, your needs, and negotiates the best possible contract on your behalf!
Know your budget. Tell your lender what you want for a monthly payment….this will let you know how much buying power you have. Feel free to contact The Mills Davis Team with Dynamic Capital Mortgage if you don’t have another source. Having the right lender supporting you is extremely important – it is your money we’re talking about after all!
Loan programs and mortgage rates seem to change on a daily basis. Each loan program has a different set of guidelines …. Example – FHA requires 3.5% as a downpayment and allows up to 6% seller subsidy (closing cost help from the seller), VA has no down payment requirement, etc. In today’s market, it is common to ask the seller to contribute towards the buyer’s closing costs. Very often all allowable costs can be paid depending on your loan’s guidelines.
The right team will work together so you get the best contract possible.
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