First-Time Homebuyers:

Congratulations!  You've just taken that first step toward buying your first home!  I'm sure you have many questions about how the home buying process works and I hope that you find this information helpful and will help to put your mind at ease so you can enjoy the entire process!

• Step 1: Getting Pre-Qualified:  Unless you have spent the last 6 months living in a cave in Belize, I'm sure that you have seen news reports that talk about the doom and gloom of our current mortgage options....what you need to know is that there are still great programs available for first time homebuyers...programs that offer low fixed rates with little or no down payment required!  These are FHA/Hud backed loans that are not done with a wink and a nod and are not high risk adjustable rates.  It's important to know not only what you qualify for but what options are available to YOU!  For more information, click on the options below.

                 Loan Application Checklist:      

  Step 2: Decide What Your Comfort Zone Is: Its very likely that you may actually qualify for a loan payment that exceeds what your comfortable with each month.  In order to establish your price range, you will need to decide how much you want to spend on your mortgage and what mortgage amount keeps you within your range.  Remember, most mortgage payments also include homeowners insurance and a tax escrow as well as a monthly PMI charge for loans with less han 80% equity.  For additonal information, click on the topics below. 

                                    Creative Financing:   

                                 Mortgage Saving Tips:    

                            Mortgage Calculators:  

Step 3: Decide What You Want and Need In Your New Home:  Do you need 3 bdrms, 2 baths, a formal dining room, 1 or 2 car garage?  What locations would you consider?  Make a list of "must have's" and "would like to have's"....it will help to narrow down your search and save you time and energy.  Click below for a complimentary Home Buyer Checklist and watch videos on home ownership!  

              Nine Steps to Home Ownership:   

                             Your Dream Home:    

                        Home Buying Checklist:    

Step 4: Beginning Your Home Search.  Our local home market changes daily!  There are new listings, pending sales and price reductions that occur throughout each day....it's important to stay on top of the market with reliable, up to the minute information.  I have established a Home Finder Program that is designed to keep you informed....a program that alerts you via email when ever a home meeting your criteria becomes available or enters your price parameters. If you would like to enroll in this program (this is a no cost, no obligation offer) please click here....

I hope that you have found this information helpful.  If you have additional questions or concerns, please feel free to give me a call at     305-0617 or email me below.

Sincerely

Craig Egli

The Realty Group,LLC