Congratulations on your decision to buy a new home! There are
many important things to consider throughout the 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:
- Preview available homes to weed out those that are
overpriced, or undesirable in some other way.
- Present the homes that suit your needs as you've defined
them.
- 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.
- Negotiate the best deal for you. With a Pre-Qualification
letter from Aabacus Mortgage, Inc. 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:
- Assist you in selecting the best loan to meet your personal
situation and goals. (This single decision can save you thousands of
dollars throughout the years!)
- Keep you informed of your loan status throughout the entire
process.
- Keep your Real Estate Agent informed of our loan progress
(Note: your personal information is always kept confidential between
you and Aabacus Mortgage, Inc.; only deal points and progress are
shared).
- 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:
- Keep your Real Estate Agent informed of any questions or
concerns as they develop.
- 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.
- Enjoy purchasing your home, but do remain objective
throughout -- to make the business decisions that are best for you.
- 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.