Buying a house?
Grant Cooksey is a full-time Realtor® whose business is built on experience, knowledge, dedication, honesty and integrity. He studies the area market, educates his clients, and negotiates for the best deals whether working with buyers or sellers. Above all, Grant listens and puts his clients’ needs and interests first.
Q: What is the importance of getting pre-approved for a mortgage and how do I go about getting pre-approved when buying a house?
A: A phone call to a lender can save you a great amount of time and more importantly helps you know what your buying power to help solidify your offer. Lenders can also advise ways to improve your credit and prepare your finances for your home purchase.
A good lender will also educate you on any available programs or grants that you may be eligible for and help you select the best option for your purchase.
Escrow and Closing Costs
Escrow Accounts are where funds are held for the borrower to pay taxes and insurance when they are due. Funds are also held here can include earnest or trust money while the property is under contract.
These funds are held separately from normal operating funds.
Buyers and sellers should be aware that closing costs are a part of most real estate transactions.
These costs may include but are not limited to loan origination fees, discount points, appraisal fees, surveys, taxes, deed recording fees, and credit report charges.
Home warranties may offer a sense of security, particularly when buying an existing home when manufacturers warranties have expired and appliances could be running on borrowed time.
Home warranty companies generally offer a few types of coverage and offer additional options for your plan. Pay attention to the details and deductibles when considering these services and find what is in your best interest and how your money would be best spent.
Are you relocating to this area? Looking for more information to help you find the right city and neighborhood for your family?
I can provide you with resources and information to help you decide what area will best serve your needs.
Purchasing a home is the largest single purchase most people ever make, but while being the largest, it doesn’t have to be the most overwhelming experience. I have experience represnting a number of first-time buyers.
Let’s work together and find the best possible home that meets your budget, wants, and needs. I genuinely enjoy sharing in the excitement of working with first-time home buyers.