Agent619.com Real Estate

I'm thinking of buying my first home. What do I need to do to get started?

Simple Route:

1. $5K for closing costs
2. 20% down payment
3. 2 years tax statements to verify income
4. 6 months of bank statement to verify available cash for down payment and closing cost
5. definite time frame of move-in is 45 days or more

Complex Route:

1. $3K for closing costs
2. 5% down payment
3. 2 years tax statements to verify income
4. 6 months of bank statement to verify available cash for down payment and closing cost 
5. patience in playing home buying game (possibly take 6 months or more)

I will expand more on this subject, but for now it is up for discussion or questions.

 

In some housing markets, buyers are back, spurred on primarily by the drop in housing prices.

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