Keith & Company


info@agentimage.com
toll free 1.800.492.6777
phone 310.577.9222
fax 310.301.8280

Buyers Roadmap

Decide to Buy Preparation Choosing a Real Estate Agent Go Shopping Escrow, Inspections, & Appraisal Moving In

Preparation

Before you start shopping for your dream home, it's a good idea to make some preparations

2.1 Build your 'Green File'. A green file contains all your important financial documents. You'll need it to secure financing for your home. The typical green file should contain:

  • Financial statements
  • Bank accounts
  • Investments
  • Credit card
  • Auto loans
  • Recent pay stubs
  • Tax returns for two years

2.2 Check your credit rating. Your credit score will have a huge impact on what type of home you can buy, and at what price. Anything above 620 is considered good. A premium interest rate may mean a lower interest rate on your mortgage. Check your credit rating with a credit reporting agency such as Equifax , Experian or Trans Union.

2.3 Be Careful With Your Finances. Now is not a good time to make sudden career changes or large purchases. You want to approach home buying from a position of financial stability.

 

1700 E. Walnut Ave., Suite 240 l El Segundo , CA 90245 | USA