Preparing to Buy

 

Before you start shopping for your property, it is a good idea to make some preparations.

Building your green file.

A green file contains all your important financial documents. You will need it to secure financing for your property. The typical green file should contain:

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.

Check Your Credit Rating.

What kind of property you can buy and for what price will be greatly influenced by your credit score. To help us establish what you can afford, it is first advised that you have a reputable lending institution verify your credit report. Your credit history will be checked by the lender using data from Equifax, Experian, and Trans Union, three credit reporting agencies. We are delighted to provide recommendations for competent, skilled lenders in the fields of residential, commercial, construction, and investment real estate.

Be Careful With Your Finances.

Now is not a good time to make sudden career changes or large purchases. You want to approach your property purchase from a serene position of financial stability.

Property Search

Sarah Allen Realtor©

Sarah Allen Realtor©

Typically replies within an hour

I will be back soon

Sarah Allen Realtor©
Hey there 👋
Tell us more about your dream home, I'm here to help.
Start Chat with:
chat Let's chat!