Getting Ready to Buy Real Estate
Getting Ready to purchase real estate? Get your finances in order. That is the first step, not touring property. If your finances aren’t in order how do you know what price range to be looking in? You don’t want to fall in love with a piece of real estate, decide to make an offer on it, then go to a lender only to find you can’t qualify to purchase it.
You will be prepared to buy property and have the information available for potential lenders while using the best negotiating strategy of getting pre-approved. This is one of the key points to getting ready!
Credit scores range between 200 and 800, with scores above 620 considered desirable for obtaining a mortgage, but that changes as well as the interest rates. There are ways of improving your credit score before you make your purchase but the key is to start well before you tour your first property.
When you are getting ready and applying for a mortgage your lender will require several items from you. Be prepared and have the items from the list below ready for submission. Having these items readily available will speed up the amount of time to process your loan and lessen the amount of contact needed. Whether you are a first-time home buyer, a move-up buyer, a luxury home buyer or an empty-nester downsizing, you’ll want to learn the home ownership costs and include in your budget.
Get Your Finances in Order
The first step to getting ready to buy a home is to get your finances in order by following a To-Do List. You will be prepared to buy a home on Lake Norman.
Know Your Credit Score
Learn what factors that affect your credit score and what credit score ranges are considered desirable for obtaining a mortgage when buying a home on Lake Norman.
Improve Your Credit Score
View the Lender Checklist and have these items ready when you apply for a mortgage to buy a home on Lake Norman. Your lender will require these items.
Home Ownership Costs
Review additional home ownership costs. If you’re a first-time home buyer, a move-up buyer, a luxury home buyer or an empty-nester downsizing don’t forget these
Buyer Tip Videos
Visit my YouTube Channel’s “Home Buying Tips” playlists. There are many helpful home buying videos to watch.
More Home Buying Tips
If you planning to buy real estate in the Lake Norman area, make sure you’re ready. Several steps to getting your finances in order, checking on your credit score, learn ways to improve your credit, follow a lender checklist and explore real home ownership costs.
Compare Lake Norman Towns
Moving to the Lake Norman area? No town has the same personalty. Which town matches your lifestyle? Compare these Lake Norman towns before you buy real estate – Cornelius, Davidson, Denver, Huntersville and Mooresville.
Living on Lake Norman
Find Lake Norman Information; the lake towns and counties on the lake. Whether you are purchasing Lake Norman waterfront real estate or planning on boating or fishing on Lake Norman you’ll want to know where there is lake access with boat ramps and marinas. You might even decide to join one of the many boating clubs on the lake.
Lake Norman Real Estate
Planning on home buying or selling a home in the lake area? Search MLS listings that are up-to-date and accurate for Lake Norman real estate for sale, Cornelius NC real estate, Davidson NC real estate, Denver NC real estate, Huntersville NC real estate and Mooresville NC real estate. Don’t forget to search Lake Norman waterfront property. In conclusion, you’ll need to compare these properties, the amenities they offer and the true costs of living in each town.
Useful Links & News
Don’t forget to view Lake Norman links for more information about the entire Charlotte region. Stay up-to-date on the Lake Norman housing trends. Consequently, these sales trends are just as important to home buyers as for home sellers to know.
Thank You for Visiting
The real estate in Lake Norman offers something for every lifestyle. Learn more about Robin A Puckett. Matching homes with lifestyles is the basis for Robin’s Lake Norman real estate business. Therefore, contact Robin if you have any questions.