The home buying process is a team effort. Without the right team players you could find yourself out in the cold. Follow these suggestions for a smooth transactions with buying your home.

Picking your team, who do you need?

A Realtor®. Team Captain, can suggest the best team players around to complete the team.

A Mortgage Professional. This player is KEY to you hitting your home run.

An Attorney. You want an attorney who will watch your back and who plays well with others.

The Inspectors. These people are the quiet key players who not only watch your back, but have many viable plays in their handbooks. Usually in the outfield, and often forgotten, without them you will be sorry for years to come.

Like a puzzle, your team players need to fit, need to play well with others, especially you!

 

A GOOD mortgage professional is KEY to your hitting a home run with your purchase. Although I would love to have you go to your Realtor® for advice on this aspect, if you know of a PROVEN successful mortgage professional, then give it a shot! I have a list of PROVEN mortgage professionals, as most Realtors® do. Deals can be lost at the 11.75 hour because of the mortgage, especially these days. Lender requirements change DAILY, I trust the professionals I work with to keep up with all the changes. They are truly part of a winning team.

As you start dreaming about purchasing a new home, about where you would like to live, what you would like to have and what you need to have, stop for a moment. BEFORE you walk down this road you need to find out HOW MUCH you can afford. I don't know about you, but I don't go out shopping for a large ticket item without knowing HOW MUCH I can afford. I may window shop, dreaming of bigger and better, however I usually do that AFTER I pick what I can afford. And it is imperative that you find the best mortgage program out there for your situation!

What will a good mortgage professional do for you?

Find the best loan product out there for your situation.Tell you what you can afford. Give you that all important pre-approval. (I prefer to submit an offer with a pre approval as opposed to a pre qualification. It has been said by many, and I know first hand, pre qualifications are often not worth the paper they are written on. When you are pre approved it is based on your credit score, your current situation, etc. Keep you updated and informed along the way. Communicate with other members of the team such as your Realtor® and Attorney. Get the loan closed on time!The mortgage is the scariest part of the entire process. Why trust that to just anyone? A home is the largest single purchase you will make in your entire lifetime. Starting out with a proven mortgage professional with high professional ethics and standards is the only way to go!

 

Stay tuned for the rest of the key players in the home buying process!