Agent619.com 1st Time Buyers Program

Is it worth it to pay for a $100,000 or more for a home instead of rent?

How in the world do I buy a home?

Can I even qualify or find something good for myself or my family?

I’m just starting out, will the bank even approve me?

We know that buying your 1st home is a very “big thing” because we’ve been there too. That's a complete game-changer when it comes to your overall life. You are going to be moving from something temporary (renting) and transforming your world into something concrete, permanent, and meaningful (home ownership). So to start out, we're going to assume that you’re either moving from your parents home, or a small apartment, a shared condo, or even military quarters and now you’ve decided to take-the-plunge!  With a big decision like that, you gotta do your homework and we've broken down the home buying process into 3 easy parts.

Agent619.com 1st Time buyer program:

Prepare

1. Decide on what the 5 year plan is going to be (married/divorced, kids, job transfer, etc.)
2. Plan future mortgage budget to be $500/month payment per $100,000 of sales price
3. Save minimum of 3.5% of sales price for cash down payment
4. Ideally , save 1-3% of sales price for transfer fees, inspections, etc. (closing costs)

Go Shopping

5. Get pre-qualified with a bank on the Federal Housing Administration Loan (FHA)
1. show 2 months of pay-stubs
2. turn in 2 months of bank statements (cover down payment + closing fees)
3. submit 2 years of tax statements
4. submit Social Security Number for FICO credit scoring, minimum 640 rating
6. Setup psychological warfare profile (we will explain at 1st meeting, you’ll love it!)
7. Setup Internet home search on Agent619.com (price, bedrooms, area, etc.)
8. Setup Agent619.com home tours
9. Negotiate paper offer on 2-3 favorite homes

Handle Paperwork

10. Open escrow on best deal
11. run home inspections
12. sign loan documents with notary
13. close escrow and get keys

 

Pretty easy huh? Please remember that the devil is in the details and it's very rare that we will go through the home buying process without some bumps, turbulence, and dips. We will be committed to keeping your first home buying process as smooth as we can by communicating as much as possible and allowing you to ask the same questions over and over again as all first-timers should do. So let's get started, and just call/text/email us at Agent619.com and get you setup fairly easily and quickly into your 1st home.