Posts Tagged ‘Broker’
If you’re divorced, your state housing authority may have programs for single parents. Check with an agent in your area for possibilities. In one case, a home buyer had credit problems that prevented him from buying a home because a few late payments had damaged his credit. He contacted several homeowners with a plan that would allow him to buy their home if they would lease it to him for twelve months, by which time he would have cleared up his credit problems.
It’s amazing how many would-be home buyers assume they can’t buy a home based on what they hear from friends, relatives, and the media, and don’t to talk to a lender or Realtor for fear they’ll be rejected. In reality, many prospective buyers have found a way to own their own home when they didn’t think they could.
The first thing Carol did when she met Max and Andrea was to ask them if they were working with a mortgage lender. When they said no, she arranged for them to meet with a lender and get the approval process started.
Having a good Realtor on your side is the best thing you can do to find the home you’re looking for and get the best deal. These agents know the market, the best neighborhoods, and what type of loan will best fit your situation. You’ll save a lot of wheel spinning if you get an agent in the beginning.