What are six steps in negotiating real
estate?
-
Get
Pre-Approved
- We
will help you figure out the amount that you are qualified to borrow,
and determine any options available to increase your borrowing power.
We'll explore alternative lending programs, such as those backed by
the Federal Housing Administration (FHA), the Veterans Administration
(VA), and The Federal National Mortgage Association (Fannie Mae).
-
Find
an Agent
- You will need to select a real estate agent that will best serve
your needs. Landmark
Mortgage
networks with some of the top agents in our community and we'll be
happy to refer you to one.
-
Find
a
Home
- A
common mistake made by many buyers is that they select a home too
rapidly; however, sometimes a quick decision may be necessary. We
recommend that you see at least 5 to 10 homes within your price range.
The importance of step one, getting pre-approved, is that you are only
looking at homes you can afford. This expedites the shopping process.
-
Negotiate
- Once you find the right
property it is time for the negotiations.
If you have followed this outline in its proper sequence,
you are ahead of the game. Being
pre-approved prior to finding your home will improve your negotiating
position.
-
Loan
Processing and Approval
- We will
be with you every step of the way, from
the
date of application to
final approval.
-
Closing
-
If you arrive at
the closing fully prepared,
you'll avoid unpleasant
surprises that could not only delay the closing of the deal, but could
very well dissolve it altogether. We will make sure that
you are prepared for this
crucial part of the process. We'll
tell you
what will
happen at the closing, who
needs to be there, and what documents to bring.
Landmark Mortgage
specializes in assisting individuals with obtaining home loans,
whether
for purchase or refinance.
We can advise you
on
the best approach and help you with your specific loan requirements.
|
