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Home Buying in 83647 : Real Estate Advice

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Activity 2
Sun Dec 21, 2014
Cindy Bryant asked:
Buyers' perception of a home's worth comes from it's current visual appearance, not it's future potential. That's because only ten percent of people can visualize. Ninety percent of buyers…
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Sun Aug 18, 2013
Brian Nguyen answered:
One of the first steps in buying a house would be getting pre-approved for a home loan. The reason why you should get pre-approved first is so you can get an accurate idea of how much you can afford. Once you know this, you can start looking for houses in your price range. Also, offers from buyers who are already pre-approved are taken more seriously than offers without a pre-approval.For a pre-approval a lender will review your credit files to see if you are able to qualify you for a loan.

Here is a list of documents you may want to have ready when seeking a pre-approval:
- W2 forms from the past 2 years
- Pay stubs from the last 2 months
- Tax returns for the past 2 years
- Checking or savings bank statements for the past 3 months
- Statements for all your other assets like stocks, bonds, retirement accounts for the last two months
- Business tax returns if you are self-employed

These are just some basic things you'll need for the first steps in looking for a home. If you have any other questions or need a loan please contact me through the information on my profile page!

Hope this helps and good luck!

Brian Nguyen
Sr. Mortgage Banker
NMLS # 659743
Phone: 949.667.2887
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