Understanding the Home buying process Before you start sending out housewarming invitations, there are steps you should probably take to make sure you're going to fulfill all the obligations necessary to make this new home possible. First order of business, of course, is to find the house. www.rodaragon.com is a great place to start. On this website you can: Search the MLS, get great tips on buying, selling and getting a mortgage, and when you are ready to go to the next step, schedule a free consultation with Rod.
Next, it's time to show me the money! These days it's a good idea to secure some financing before you start looking. I see two reasons for this: 1) Once you go through the loan process, you'll get a better idea of how much house you can actually afford, and 2) If you're in a competitive market, having a pre-approval letter from a lender can give you, as a possible buyer making an offer, an advantage over someone else making an offer who doesn't have proof of financial resources. In addition, the lending guidelines are changing as a result of the credit crunch. Most direct lenders are asking for as much as 30% down to pre-approve your loan. You will need to get all the facts first as it pertains to your individual circumstance.
And finally, just when you think you're out of the woods, you have to take that long walk from making an offer to getting the keys. Rod will walk you through every step of the way. This road map may also guide you through the process.
Seems like a piece of cake doesn't it? Not so fast, sometimes glitches pop up and leave you feeling worn out and frustrated with the whole process. There are, however, ways to make this a bit easier for you and your family: 1. Find the right agent to work with, someone who understands your particular needs and you’re your desired areas of interest. 2. Be ready 100% when the right home becomes available. Have your cash in the bank, pre-approval letter in hand and be flexible for when the right property comes on the market. Good properties usually sell fast in any market. When your agent calls or emails you and tells you that your dream home just hit the market, go now! 3. Understand how the loan process works. Don't jump into anything you don't completely understand. Let us refer you to a great mortgage broker who will hold your hand through this process. 4. Learn about the inspection and closing procedures. 5. Throw yourself one heck of a housewarming party! Working with Rod Rod is a third generation California real estate broker. He has sold or overseen over 2,000 closed transactions totaling nearly 400 million dollars. He is a seasoned problem solver with strong interpersonal skills, determination, and precise attention to detail. Rod has developed solid business and personal relationships with key industry real estate professionals and affiliates across the country. He is a skilled negotiator and highly creative thinker. If you are ready to meet with Rod, book your free no obligation consultation today by calling him at: 310-230-3773 or email Rod at rodaragon@prula.com. |
