FIRST TIME BUYERS

SAVE FOR A DOWNPAYMENT

• Find out how much you will need
• Factor in "closing costs"
• Factor in "moving expenses"
• Factor in "repairs - rehab" costs
• Save - Save - Save

CHOOSE WISELY!

• Check with your current bank
• Interview a Mortgage Broker
• Ask your Realtor
• Find out who your friends used
• Get Good Faith Estimates from all!

GET PRE APPROVED

• Don't have too many lenders run your credit
• Have the very first give you a copy of your credit report
• Ask for a Good Faith Estimate
• Pre approval letter is better than Pre qualification
• Have your Realtor review the information

USE AN "ACTIVE" AGENTTHEY

• They should be searching for you often!
• They should have a way for you to search safely
• They should be good communicators
• Agent should be available - Showings/Questions
• Explain what is takes to go from zero to closing of escrow

READ EVERYTHING!

• Read everything carefully
• Ask questions
• If anyone is impatient - dump them
• Get copies of everything you sign
• If possible, preview documents before signing

YOU HAVE THE RIGHT TO BUY

• Without being set up
• Realtors - Lenders should get along
• Real Estate agents should not thwart your closing
• Those you have hired should always act professional
• You are the employer when buying real estate

RE/MAX OF VALENCIA

• The Paris911 Team
• Each REMAX office is independently owned and operated
• 25101 The Old Road, Santa Clarita CA 91381
• CABRE 01238257 - Connor T. MacIvor
• X LAPD cop :) - Thanks for watching