Welcome Buyer

Shopping for a new home can be one of the most enjoyable, exhilarating and happy experiences in life. As your REALTOR, I will be guiding and coaching you along the way. Keep in mind that I can show you any home on the market, even if it's listed with another real estate agency. So if you see a for sale sign, or you spot an ad in the paper or a listing on the Web that you'd like to know more about it, call me or e-mail me immediately. I can give you the details you need to decide if the house is worth seeing in person.


Tips for Buyers

First thing first!

1. Check Your Credit Report and Score

Before getting any kind of loan; you should always check your credit. According to the law, you're allowed to receive one free copy of your credit report per year. You can do this by visiting www.AnnualCreditReport.com. Don't forget to check your report for errors. If there are errors or issues that need to be fixed, it's easier to address them before a house has been found, rather than dealing with it when trying to close on the loan. If there are a few blemishes on your credit, as a first-time home buyer, you should talk to your lender for advice

2. Figure out How Much You Can Afford

You can calculate how much you can afford here. Buyers Don't forget to factor in money you'll need for a down payment, closing costs, fees (such as for an attorney, appraisal, inspection, etc.) and the costs of remodeling or furniture

3. Should You Get Pre-Approved, Pre-Qualified, or Qualified?

Often a broker or lender will tell a potential buyer they are "pre-qualified" or "pre-approved" for a loan. However, the borrower may find a house, only to later learn that the amount they were "pre-approved" for wasn't what they could actually afford.

To fully approve a borrower, a lender will complete the application process by pulling credit and verifying income and assets. Lenders offer a Mortgage 1st program whereby you are fully approved before you shop for a home. That way, you're in a better position to negotiate because the seller knows that your financing is in place and that your offer is solid. It also saves you time because you already know how much you can spend and don't waste time looking at homes outside your price range.

4. What Documentation will you need?

To make the loan process faster and easier, you should have these items available when you're ready to complete your application: 

Some loan programs are more flexible and require less documentation, so if you are self-employed, work on commission, or have difficulty documenting income you do have other options for processing your loan.

5. What Kind Of Home Do You Really Want?  Let's Focus!

Here are some questions to ponder as you begin to define the kind of home you really want: 

  1. What is more important to you, the quality and the size of the home or the location and attributes of the property?
  2. Are You Looking for 1 family or multi family house?
  3. How many bedrooms and baths do you absolutely need?
  4. Would you consider buying a home that is in need of some renovation or expansion?
  5. How much are you willing to spend?
  6. You Found Your Dream House! How Do You Know What Is a Reasonable Offer?

When deciding how much to offer, you should weigh several factors: asking price vs. comparable home sales, market conditions, other potential offers, the home's condition and whether you're approved for a loan. I will be helpful in deciding how much you should offer.

For more information please visit FAQ or, please send e-mail to: aggie@aggiekowalczyk.com / call my cell# 973-460-8731 for free buyer consultation

I am your neighborhood specialist I am here for you and I care!