One of the first things you should start looking at is financing. If you are serious about buying a home you should get pre-approved. It is important to get this started so you can start working on getting the home you want. So first you should speak with a lender to apply for a loan and prequalify. When you apply for a loan, lenders like myself will need to look at several different things if you are trying to prequalify for a loan. 1) Proof of income for each person that will be on the mortgage which can be demonstrated through: one month of pay stubs, previous year's W-2 forms and tax returns, official documentation to demonstrate other forms of income (alimony, child support, etc.), and two year's tax returns if self-employed (all schedules, all pages) 2) Credit Report which they will pull 3) Employment History or Business Tax Returns if you're Self Employed 4) Personal assets such as: Recent balances and statements for bank accounts, most recent account statement demonstrating market value of any investments (stocks, bonds or certificates of deposit), documentation showing interest in retirement funds, face amount and cash value of life insurance policies, value of significant pieces of personal property, debt information, the balances and account numbers of your current loans and debts, including car loans, credit card balances and any other loans you may have. These are just a few things you should have ready when you begin your buying process. If you have any other questions or need a loan please contact me. I hope this helps and good luck! Brian Nguyen Sr. Mortgage Banker NMLS # 659743 Phone: 949.667.2887 email@example.com... more
This question is still very current even though posted in 2009. In a slow real estate market it is not unusual for multiple homes to be for sale on a given street. Life events and circumstances change making it necessary for families to move. If home sales are sluggish the natural turn over takes longer. It is a reflection of the times that homes are taking longer to sell than previously. It used to be if this occurred people would question,"What's going on here in this neighborhood that all of these homes are for sale?" As the economy turns this inventory of homes will deplete naturally.
The fact that there are three in a row puts you as the buyer in a plum position. All of these sellers are painfully aware of this and will be much more inclined to work with you because of it.
Call me if I can help you!
Certified Short Sale Agent
Coldwell Banker- Casa Bella Realtors
601 New RD.
Linwood, NJ 08221
Cell- 609-947-2451... more
A well inspection and certification should be paid for by the seller. In this current market, it is not unusual for the buyer to negotiate in the offer for the seller to pay for septic as well. I have been very successful in having buyers handle these inspection and certification costs. Why put out costs when you may not have to. Make sure the agent lets you see these reports well in advance of settlement in case there are issues.