LOAN AMOUNT APPROVAL:This step doesn’t cost you money, but it does cost you time. And time has value! If you are going to need a home loan, THIS IS THE FIRST STEP! ALWAYS!! All other expenses will be based on your qualifying loan amount which determines the PRICE of the home you will want to purchase. There are MANY loan programs that you may not be aware of. These may affect the amount of down payment that you will need to get into a home. If you are not currently approved for a loan, we can assist you by introducing trusted lenders that we have vetted and are confident will take good care of you. If you need to sell your current home, we will create a SEE REPORT and determine the equity available for a new purchase.
DOWN PAYMENT:Once we know the purchase price which you are qualified, and the type of loan that will be used, we will know the amount of money needed as a down payment.
UTILITY SETUP & MOVING COSTS: We estimate the costs needed to setup utilities at a new home based on the geographical location that is desired. Moving costs can be estimated based on the distance of the move and the size of the truck and if movers are needed.
CLOSING COSTS:We provide a Buyer’s Closing Cost estimate. This has fees, taxes, insurances, and other customary costs associated with buying a property.
GRAND TOTAL:The individual amounts are added together for a TOTAL of estimated costs. With this knowledge, you will be able to move forward with confidence as we have done the due diligence at the ONSET and eliminated any potential surprises or frustrations that may be encountered once the home search and buying process begins.
BEE Report Residential
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