Home Buying Tips For Quad Cities Home Owner Wannabes
TRUTH vs MYTH Unfortunately there are people who firmly believe they know things, when in fact, they are mistaken.
• 20 percent down-payment required to buy a home (myth, not true)
• Perfect credit required to buy a home (myth... perfect credit doesn't exist)
• Cannot afford the cost of a real estate agent (home buyers can't afford FREE?)
TRUTH Home buyers typically do NOT pay for real estate agent services. The agent is paid a commission from the home seller, not the home buyer. So... can you afford free services?
SAD FACT Paying rent is nothing more than a dead-end.
BECAUSE when you rent a place to live, you're paying your landlord's mortgage AND other bills. Even if you live in an apartment complex, you are depositing your hard earned cash into someone else's bank account.
Don't you deserve more than to serve others?
It's time to start serving yourself and building YOUR wealth!
VITAL FACT The Quad Cities had not been sheltered from a shortage of homes for sale. That's why rent is now more expensive than owning a home or condo.
• How do you go about buying a home? If you have a minimal credit score of 620, you're in luck!
>>> WARNING >>> Checking your credit online is NOT a good idea, because, in addition to increasing your risk of ID theft, the agency may harm your credit if they pull numbers in a way that harms your score.
That's why you should only work with credible businesses to check your credit rating.
#1 BECOME PRE APPROVED WITH A REPUTABLE LENDER
Before even looking at homes for sale, you need to know how much home you can afford. Your monthly payment will include:
IMPORTANT Your mortgage lender will go over various home sale pricing and downpayment scenarios. This process will reveal monthly payments for you to choose from to ensure that you will be comfortable paying for your home. Once you select the monthly payment plan, you'll then know the price range to search homes for sale.
WHAT'S BEST? Your rent payment will continue to increase over time. However, your monthly mortgage loan payment will NOT increase.
Plus if you take care of your home, the value will continue to increase. That's a win-win situation for you!
WHAT'S STOPPING YOU FROM TAKING THAT FIRST STEP?
It's free with no obligation. You have nothing to lose, yet everything to gain!
Contact us now