Home Buying Hints
First Time Home Buyer's Guide to Making Decisons

My home buying hints will simplify the path to homeownership. However before exploring my first time home buyer's guide to getting your perfect house, take a moment to consider your personal circumstances.

Are you tired of renting? Do you long for a place to call your own? Do you need a bigger place to live? One with simple upkeep? But with all of the homes-for-sale on the market, it isn't always easy to decide which one is best for you.

For everyone who needs and wants to buy a house, the following descision making tips are for you. And don't forget, while you're house shopping, have a good time!

First Time Home Buyer's Guide To Decisions

It was Donald Trump who recently said on Good Morning America,

"If you want to buy a house there's probably never been a better time."

But let's face the facts. Home buying involves decision making. Here is how to zero in on what you need and what you want.

Home Buying Hints For Who You Are

Single, married, or children to consider, which fits you...

• Breath taking views or fenced-in backyards
• Modern loft or traditional one-story with a family room?
• Secluded master suite or bedrooms together on the same floor?

Home Buying Hints For Where You Want To Live

Suburbs, city, or rural, what do you want to be near...

• Golfing or rock climbing?
• Block parties or dinner parties?
• Gardening or shopping?
• Neighborhood or city life?

Home Buying Hints For The Type Of House

Condominium? Detached housing?

Condos require less upkeep on the homeowner's part. Many offer amenities such as club houses for entertaining, swimming pools and saunas, basketball and tennis courts, exercise equipment and security gates.

However the detached single family boasts the best resale value. Think about bathroom and bedroom location to get the best return on your dollar if and when you sell in the future.

Home Buying Hints - Affording A Savings Plan

A savings program is often associated with buying a house and creating a down payment. But don't stop at that. Buy a house that you can afford, specifically one that allows an ongoing savings plan.

First Time Home Buyer's Guide To Creating A Team

Two instrumental individuals to help with buying a house are your real estate agent and mortgage lender. Here are some ways to create a team you trust.

• A Realtor is the first partner to find before buying a house.
• Notice the full time ones working the areas you prefer.
• Visiting open houses is a way to get to know real estate agents.
• Make conversation and ask for their opinions.
• Check with relatives and friends for referrals also.

Your mortgage professional is your second home buying partner who will start you out with mortgage preapproval. Getting preapproved will save you time, energy and unpleasant surprise.

Your mortgage professional should be someone you trust who can work in tandem with your real estate agent. So in addition to friends and relatives, ask for three names of the best mortgage lenders respected by your real estate agent.

First Time Home Buyer's Guide To Your To-Do List

Begin a to-do list today. Start with the points found in this article, adding your own ideas as you progress. The process of buying a house should be filled with enjoyment. So topping your to-do list should be this title... Have a Good Time!

Prime Real Estate Articles Tip No.51
Home Mortgage Application | Employment Information

Accurate employment information is crucial to your home mortgage application approval. No guessing! Take the time to look up your company's latest address and central phone number.

Include your official job title, amount of time you've worked for your current employer, followed by the number of years in the industry.

If you have been at the current position for less than two years or if you have a second job, complete the same information for that position, adding in your current wages and dates of employment. Be exact with beginning and ending dates, as they apply.

Understanding Mortgage Applications

Take the guided tour with Kate's unique tips for filling out your home mortgage application...

Coborrower | Responsibility | Loan Type | Appraisal | Rates/Terms | Address/Units | Legal Description | Year Built | Purpose | Usage | Construction | Refinance | Title 1 | Title 2 | Fee Simple | Down Payment | Name | SS Number | Phone Number | DOB/Education | Address | Employment | Income | Housing Expense | Assets | Liabilities | Real Estate Schedule | Transaction Details | Declarations | Acknowledgement | Government Monitoring | Application Interview

View FNMA 1003

A Gold Mine Of Homeowner Help From Ask Kate

How To Buy A House - Tips On Buying A Home

How Does Refinancing Work - Refinancing Your Mortgage

How To Get A Mortgage - Home Loan Help

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