#homeownershipispossible

[gratefulnuts]

Bad credit holding you back? Dream of owning a home?

Don't give up!

Grateful Nuts Homes is here to help.

We have solutions tailored to your unique situation. If you can think it, we've seen it!

Give us a call or go to gratefulnutshomes.com

[tiamerraserrant]

🚨New Construction🚨 Grand opening, check out the pictures ... This home beautiful and has custom options! . . #FLNewContruction #FloridaHomes #staugustinerealestate #customhomebuilders #StAugustineRealtor #homeownershipispossible #yourresourcefulrealtor #yourguidetohomeownership #jacksonvilleRealtor #morethanasale https://www.facebook.com/408754049543444/posts/1162941710791337/

[my-thoughtfulgalaxybouquet-blog]

Be Grateful, Be Thankful, Stay Humble #changeyourmindsetchangeyourlife #changethewayyoulookatthings #homeownershipispossible #empowerment #grattitude #love #peace #hope #possible #globalagent #rosalindlevy #yourneighborhoodrealtor #guidingyouallthewayhome #askmehow #instaquote #thenewstandard #inspiration #instaquote #militaryrelocation #successissimple #noeasy #realestate #houseforsale #firsttimebuyer #buy #sell #invest #realestateagent #homeowner #itsyourtime #HRVA #success #wealth #IAMONE #youcanbetoo #GLOBALAGENT #levyandassociatesrealtors

[hugo702realtor-blog]

First Time Home Buyers

Hello Reader!

Being a first time home buyer is not an easy process. Inside this blog you will find some key information I hope is helpful to any first time home buyer.

1. Selecting a Real Estate Agent – It is always a good idea to ask friends, family members and co-workers to suggest a real estate agent with whom they had a very positive experience. You should then sit down and interview two or three agents to learn about their plan for helping you buy your home. This little interview process will also assist in determining whether you like the agent(s) ideas, style and strategy for finding your new home. I recommend selecting a full-time agent,  Full-time agents are more likely to be in tune with industry trends, changes in the law and unique marketing strategies than people who work as agents on a part-time basis (no offense to part-timers). Finally, you always need to inquire whether or not your agent is only representing you in a particular transaction. If your agent is also representing the seller, then this creates a dual-agency situation. The agent will be required to make certain disclosures and then you must decide if you are comfortable moving forward under this type of arrangement.

2. Obtaining a Mortgage – If you want a particular seller to know that you are serious about buying his/her home, then you should consider getting pre-approved for a mortgage before you make your offer to purchase. It is important to note that getting pre-approved means that a lender has given you a commitment for a specific amount of funds. This is different from getting pre-qualified, in which the lender only gives you a general idea of the dollar amount that may be available to you as a loan subject to final approval in the lender’s discretion.

Note: It is very important to shop around for the best mortgage terms. A well-informed buyer will contact different lenders in order to obtain the following information from each:

i. The rate of interest;

ii. Whether the rate is fixed or adjustable;

iii.The Annual Percentage Rate which incorporates points, broker fees, underwriting/processing fees and other transaction fees;

iv. The minimum down payment required for the loan;

v. Term of loan.

Keep a checklist of this vital information so that you can compare one lender to another in order to determine your best deal. If possible, get the lender to lock-in your interest rate for a specific amount of time. A seller knows that you are serious when you make an offer to purchase and already have your mortgage in place.

3. Agreement of Sale – When it comes to signing the agreement of sale, many realtors utilize pre-printed agreements provided by the National Association of Realtors. Many inexperienced buyers are under the impression that the terms are not negotiable since they’re already in the pre-printed form. A good agent will advise you that all the terms are negotiable and will work to get you favorable provisions while being sure not to sabotage the deal.

4. Closing – Prior to actually sitting down at the closing table, it is advisable to conduct a final walk-through of the property to make sure that the condition of the home and its systems (heat, air, electric, plumbing, appliances, etc.,) have not changed since your home inspection. At the closing table, the buyer will be asked to sign numerous documents from the lender. It is important to read through the lender’s disclosures and make sure that you understand all of the terms of your loan including interest rate, term, prepayment penalties, late payment fees and other conditions/restrictions of your particular loan. Your real estate agent should thoroughly review the HUD-1 (settlement statement) with you so that you can understand the breakdown of your closing costs. The seller is responsible for providing the deed and affidavit of title, which when recorded, transfer ownership of the property to you.

Once all of the proper documents have been signed/notarized and the title company has disbursed funds, you are officially a homeowner … congratulations!!

By: Hugo A. Lopez

Broker/Salesperson

Vegas One Realty

3080 S. Durango Dr. Las Vegas, NV 89117

Hugo@vegasonerealty.com

[my-thoughtfulgalaxybouquet-blog]

Be Grateful, Be Thankful, Stay Humble #changeyourmindsetchangeyourlife #changethewayyoulookatthings #homeownershipispossible #empowerment #grattitude #love #peace #hope #possible #globalagent #rosalindlevy #yourneighborhoodrealtor #guidingyouallthewayhome #askmehow #instaquote #thenewstandard #inspiration #instaquote #militaryrelocation #successissimple #noeasy #realestate #houseforsale #firsttimebuyer #buy #sell #invest #realestateagent #homeowner #itsyourtime #HRVA #success #wealth #IAMONE #youcanbetoo #GLOBALAGENT #levyandassociatesrealtors

[hugo702realtor-blog]

Alejandra and family, welcome home! 🏡 Thank you for putting your trust in me and Frank (super-star lender) to make this dream come true for you and your family. 😊Make tons of memories with your little ones who already seem to love the new place! #fortheloveofrealestate❤️💼🏡 #homeownershipispossible #realtorsthatdeliver #happyclientshappyme (at Sunrise Manor, Nevada)