Finances & Your Move
Review Your Finances With Your Real Estate Specialist
Costs can vary greatly from one real estate transaction to another. Discuss all possible expenses with your real estate specialist or lender prior to looking for a home to be able to anticipate the actual cost of your move. Get pre-approved for a mortgage – you’ll know exactly how much you can spend.
Consider alternates to a fixed rate 30-year mortgage
Decide which mortgage is most comfortable for you. Ask your mortgage loan originator to assist you in making decisions about financing
Real Estate Offers To Purchase
An Offer to Purchase, or Sales Contract, is a legally binding contract. You are bound by exactly what the contract says. Have every section explained thoroughly before signing. If you have serious questions, consult an attorney. Make sure your Offer to Purchase considers and contains the following:
- Termite/wood destroying
- Home Inspections
- Lead Based Paint
- Structural
- Septic, Well, etc.
- Any inspection which will assure you of condition
Mortgage Pre-approval...A Must
Being pre-approved for a mortgage prior to looking for a new home will provide strong benefits:
Make certain a written copy of your loan pre-approval accompanies any offer. This is very important. It will relieve any doubt in the minds of the sellers or their agents as to your ability to purchase, saving you from stress and worry.
Celia Manley
Turn Key Properties
Ph: 601-214-3307/601-427-5088
113 Executive Dr., Ste C
Madison, MS 39110 US