BUYER
YOU WANT TO BUY A HOME
You have decided to buy a home. That is great news! The Lucky Brians Team is here to help. At Comey and Shepherd, we work with many buyers every year and not only do we have the knowledge; we have the expertise to guide you through the process.
Purchasing a property is likely the largest financial decision you will ever make. If you are like most people, your purchase will include obligating yourself to mortgage debt. There is an increasing degree of complexity in both the purchase and financing process, and we can guide you through both of these as well as a smooth successful closing.
There are many reasons to buy a home. Perhaps you are tired of paying rent and want to pay down your own mortgage rather than that of your landlord. You may have simply outgrown your current home and desire to move to larger quarters. You may be interested in purchasing investment property and becoming a landlord yourself. You may want to move to a different part of town, more urban or more suburban. You may desire to shorten your commute to work. Having a clear sense of your reasons for buying will help you choose the right property.
Property ownership has historically been a solid investment; whether you are looking for your dream home, a rental property, or to expand an existing investment portfolio. Owning real estate is one of the least risky ways to build equity or to obtain a greater return on your initial investment.
Here is a list of items you need to “Get ready to buy” Make a file with this information.
· Financial statements
· Bank accounts
· Investments
· Credit cards
· Auto loans
· Recent pay stubs
· Tax returns for two years
· Copies of leases for investment properties
· 401K statements, life insurance, stocks, bonds, and mutual account information.
Your credit score will play a significant factor on what you will be able to purchase. This would also not be the time to make a large purchase, like buying a car, co-sign a loan or change jobs. Buying a property
requires making many important financial decisions, understanding complex issues and completing a lot of paperwork. It helps to have an expert in your corner when undertaking such a large purchase. We can guide you through this process, and also provide you with access to property listings before they hit the general market.
Give us a call today: 513-519-4771, we look forward to talking with you soon.
