1- Pay stubs for the past 30 days
2- Last 2 years Tax returns include all W2's and/or 1099's
3- Bank Statements for the past 60 days
Additional information may be required if you are Self Employed etc.
What you do before signing a contract is just as important if not more importanat then what you do after you sign the contact.
Please call or email me for information.
Mortgage Loan Officer
PNC Mortgage a division of PNC Bank N.A.
Senior Loan Officer
Sterling National Bank
Step 1: Mortgage Prequalification. You must know you can both obtain a mortgage loan and what your maximum price range will be.
Step 2: Make your Offer in writing; never verbally. Most real estate offices have a standard form they use for writing up an Offer. Insist on sitting with your real estate agent at her office to prepare and sign the form. You'll include ALL the terms of your Offer: Price, Down payment on Contract signing, Mortgage Amount, items included in the sale of the home (air conditioners, appliances, chandelier in dining room, rose bush in backyard, etc.), your Attorney name and contact information, and potential closing date.
When you make an Offer in writing you come across as more serious to a Seller. If you want your Offer to be taken seriously, put it in writing!
Step 3: Wait for Seller response. This can be: Offer accepted, OR, Counter-Offer, OR, no response. Your course of action is dictated by the Seller's response. IF the Offer is accepted, you do your Home Inspection and you sign the contract of sale. IF there is a counter-Offer, you get to decide if you wish to continue negotiating or move on to a different home. IF there is no response, same thing: raise your initial Offer or move on.
PowerHouse Solutions, Inc.
185 Great Neck Rd, Suite 240
Great Neck NY 11021
Licensed Mortgage Banker â€“ NYS Dept. of Financial Services
Call me for more details.
Douglas B Meyer, Realtor
Bergen Basin Realty
1) Get yourself pre-qualified for a mortgage and get a pre-qualification letter and prepare a budget.
2) Find a honest and reliable real estate agent that specializes in the neighborhoods that you like.
3) Have that agent show you all the homes in that area within your budget.
4) Make a written offer on the house you like best.
5) Hope your offer gets accepted.
And then the adventure starts!
Mitchell S. Feldman
Associate Broker/ Director of Sales
Madison Estates & Properties, Inc.
Office: (718) 645-1665/ Cell: (917) 805-0783