things to consider before buying a home
- Check Your Credit
Your credit is crucial when applying for a loan; the higher your score, the lower your interest rates will be. Some lenders and home lending programs may require a certain score, but you may qualify even if you have a bad credit, bankruptcy or foreclosure history. Be sure to check all three major credit reporting companies: Experian, Equifax, and TransUnion as the information in each report may vary slightly. You may check your credit report annually for free at www.annualcreditreport.com. Make sure you make copies of your credit report, and check your score well in advance of applying for loans. - Find a Lender
Most people need to take out a loan when buying a home, and you'll want to be prepared to make an offer when you find that perfect home. Most, if not all, selling agents in Oahu require a loan pre-approval letter to be submitted with purchase offers. Otherwise, your purchase offer may not even be considered. It's important to be sure that you're approved for a loan before you start looking at homes so you don't miss out on any opportunities. If you need help finding a lender, I can recommend trusted lenders near you. - Price Range
Calculate what's realistic for you before considering different areas to live in to be sure things stay within your budget. Once you know your range, I can help you make the most out of your money. - Research
Finding the right home can be time consuming, but it's important to consider everything before you decide. What's the commute like to work? If you have kids, what are the schools like in the area? How many beds and bathrooms will you need? Do you prefer or newer or older styled home? All are important factors to take into account during the home finding process. I am dedicated to helping you through the entire home buying process. Once we find that perfect home, I will prepare a written offer. With my experience in the market, I can help you arrive at an offer that both fits your budget and has the best chance of being accepted. - Once Your Offer is Accepted
After your offer is accepted, you'll have a grace period to have the house professionally inspected and request repairs or counter offer if the situation arises. Once this step is complete, we will verify the terms and conditions of your loan, and assist you in signing your papers. I'm here to assist you with any questions you may have during the process. - Moving Time!
Now that you've found your perfect home it's time to make moving arrangements. If you plan on utilizing a professional moving company, I can recommend reputable, local movers. Don't forget to fill out your change of address forms and inform the utility company of your move!