Hire a Professional | MartiP at Your Service
Finding a good and experienced real estate agent is one of the most critical steps of the home buying process. They can either make the entire process easy or painful for you. That’s why; you need to do your research. It is good to ask for referrals. Go meet and talk to them. Check their website. See what others have to say about them. Tell them what you are looking for. It is important that you meet one or two real estate agents before choosing one.
Consult a MartiP Preferred Mortgage Advisor
This is an important step that cannot be skipped! I will provide several mortgage advisors that I work with for you to look for the loan options you can have. I have an established relationship with those I recommend. They are my loan partners but I do not receive any remuneration from them as that is against the law. They have different categories of loans for different people. You need to find out what suits you best. Traditional or conventional lenders and banks ask for lots of documentation. Credit history is paramount. Interest rates can vary. Hard money loans are easy to get with less documentation but slightly high-interest rates. The lender will provide you with you what amount of cash for down payment and closing costs you will need. Loans do not cover them. There are some other options which can help you to get money for down payment and closing costs and they will guide you through those requirements. But it is better to reserve some money rather than looking for other options. There is a loan for everyone…
Once you have decided, what kind of loan you want and get pre-approved we can get started finding you a home. In today’s real estate environment a Pre-Approval letter is required 9 out of 10 times by the Seller. The letter is given to you by your lender stating that they are ready to lend you the money. It shows the sellers that you are a serious buyer.
Get Your Home Inspected
Another non-negotiable in my book. A home inspection is a process where an expert certified by the Texas Real Estate Commission is hired by you and to inspect on behalf of your best interest to check the home. I will provide a list of home inspectors who are an unbiased person who will look at the home and prepare a report, which has all the important information about the repairs a property might need. This report will help us to negotiate with the seller. Please note, that even newly constructed homes aren’t perfect. It’s always a good idea to get your home inspected before finalizing your purchase agreement.
If it has been a while since you purchased a home or are buying your first home these steps might sound overwhelming but if you get yourself educated, it’s fun. If you need some more information about homes or the areas you are willing to live in, please fill in the form and we will get back to you ASAP! GOODLUCK! Or you may Call or Text for a direct prompt response: 281-703-0016