Getting Started
Understanding the process

GettingStarted

We start by doing a quick survey to find what Your looking for. Then We talk Financials. Debt to Income Ratio, Qualifications, Pre-Qualified, Time Frame, Down Payment / Security Deposit, Commitment to the Process.

The Offer

We write a Contract of Offer and Acceptance. It is very common to not have Your first Offer agreed to. A Counter Offer is common place but the Original Offer should be based on Comparable Selling Pricing that will be used in the Bank's Appraisal.

Next step

Next we Schedule Appointments to see the Property. Normally no more than 3 Appointments in One Day.
( Based on average and Your Criteria, You will most likely buy one of the First 3 You see! )

Closing

​After the Acceptance, Documents go to a Title Office. The Title Office will Close the Transaction for the Buyer, Seller and Financial Institution.  
​You Now Own The Property!
Congratulation! You've made a Great Decision.

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Mortgage Pre-qualification Checklist;

Getting pre-qualified is convenient. Here's what your Lender will need from you: 

Your name (and any other buyers' names), Current address, Estimated annual household income, Estimated monthly household debt expenses.

Mortgage pre-qualification is an assessment of whether your debt-to-income ratio fits mortgage guidelines and provides an estimate of the amount you may be able to borrow. You can also request a pre-qualification letter, which you can give to a seller of a property, to show you are a serious buyer.

This is a partial list;

Your mortgage broker can tell you about any additional requirements:

Residential History, Your residential address for the past two years, Landlord names and addresses for the last two years if you rented during that time, Employment & Income History Paycheck stubs from the last 30 days showing your year-to-date earnings W-2 or I-9 tax forms (issued by your employer) for the past two years.

Personal Assets or Bank account statements from the two most recent months for all checking and savings accounts. Other asset statements from the past two months for any CDs, IRAs, stocks, bonds or other securities you intend to use for your down payment. Current real estate holdings if any, including property address, current estimated market value, mortgage lender's name and address, loan account number, balance and monthly payment.

Personal Debt; A list of any new monthly debts not listed on your credit report (auto loans, student loans, mortgage loans, credit cards, etc.), including creditor name, address, account number, minimum monthly payment amount and outstanding balance on each account. Additional documents may be required at your mortgage closing. 

It may seem like a lot and maybe overwhelming but we have professionals that help you everyday to keep it simple and help you get the loan that's best for you and what you can afford. You can do it on your own or just ask and we are here to help. If we refer a Lender it is because they fit your needs since in Florida we can not earn a referral fee. It is about listening to you and matching you with someone who can help your situation.