Meet with a Local Mortgage Banker to get prequalified for mortgage financing. The Mortgage Banker will review all facets of your loan request to answer your questions with regards to the types of loans and maximum loan amounts you could qualify for.
Get a referral to a good, local, real estate attorney. Call the attorney, retain the attorney so you have her information handy when you make an offer. Having that information at time of offer helps you demonstrate to the Seller how serious you are, and they will consider your offer with more interest.
Line up a Home Inspector. A good home inspector will scare the heck out of you: that's what you pay him for! But you'll concentrate on the fundamentals of the property: roof free of leaks, plumbing, heating and electrical up to code and in good working order. Again, when you make an offer and you have your Home Inspector ready to go, your offer will be considered with much more interest by a Seller because you truly have your "ducks in a row" and your preparation demonstrates your serious attitude about conducting the purchase transaction in a timely manner.
Find an experienced Local Realtor who works in your desired shopping area. A serious pro Realtor will refuse to show you homes until you are Prequalified for mortgage financing. Don't take offense! That Realtor doesn't want you to be disappointed and wants you to have a smooth experience as you shop for your new home.
Put together your Team of real estate professionals and shop 'til you drop!
PowerHouse Solutions, Inc.
1010 Northern Blvd. Suite 234
Great Neck NY 11021
Licensed Mortgage Banker â€“ NYS Dept. of Financial Services
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I just read your post. When you have a moment feel free to contact me and I will answer and and all questons you may have. I can set you up on listing alerts in your property target area if that helps you.
Susan A Chen- Licensed Real Estate Broker and CEO
It sounds has if you are ready,willing and able to start your sreach.
If you have any questions or need asst. please feel free to me. I will
professionally guide you through all the paperwork and negotiations
on your behalf (including meeting with agents, lawyers, banks,
inspectors and appraisers).
Licensed Real Estate Agent
Century Homes Realty Group LLC
Direct Line: 347-932-0609
Best of luck to you and don't let anyone deter you from your goals!
As an agent and NYS Certified Residential Appraiser I will help you search for your first home and make sure that it is a good value. I have worked in southern Queens and Nassau Counties for over 25 years. In addition to finding you a home it is my job to make this as stress free as possible while providing excellent service and advice, including mortgage advice. My contact information is below. Please call as soon as it is convenient for you. We need to talk first so that we are both on the same page and you can get a realistic picture of the market today.
Century21 Yve R. E.
Licensed R. E. Agent
NYS Certified Residential Appraiser
As I can help you find a good house in this area. I have few realy good houses there.
If you do not own any house today you can get FHA loan which will give you the option for a low down payment as 3.5%.
Your credit and income as you said will be more then enough.
The only Thing is that houses in this areas starts from the low 300's and up. that is for a house in perfect condition fully renovated 3-4 bedrooms
Another good thing that I can help you with is getting a sellers concession which will let you put all of the closing cost into the mortgage instead of paying it cash as you said you don't have alot of it now.
Please contact me with any questions and to schedule a viewing of some houses.