Buying a house

Indu21
Contributions:2

I want to buy a house. I've been working for 18 mon

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January 27 - US

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Replies (9)

Albert Elhage, "aelhage"
- 4.9/5.0
- (6 reviews)
Contributions:33

It all starts with mortgage and loan officers. You need to get together with one and have them evaluate whether you qualify and for how much you qualify.

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January 27

Brian Teyssier, "Brian Teyssier GRI"
- 5.0/5.0
- (41 reviews)
Contributions:964

Good luck.

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January 27

Sherri Bloom, "Sherri Bloom"
- 4.8/5.0
- (1 review)
Contributions:60

Hi. First thing to do is to contact a lender and have them sit down with you and see, realistically, where you are at. If you already have credit established, it will be much easier. They can tell you if you are ready or not and more importantly, what to do to get ready. Then I would contact a local realtor and start the search. Good luck!

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January 27

Candace Camacho, "CandaceCamacho"
Contributions:420

Hello,

I would recommend taking a look at mortgage rates on Zillow Mortgage Marketplace. You can shop for quotes anonymously and compare.

Good luck,
Candace
Zillow Customer Support

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January 27

Tug of War
Contributions:1946

Pretty impressive Zillow provides a Built-in Spam Machine..oh wait it says Customer Support

Pretty impressive Zillow Customer Support provides a Built-in Spam Machine

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January 27

Tug of War
Contributions:1946

The First thing you do IS NOT run out and just hire any ol Lender/Agent....

Why? Because this is a very Large Business Transaction and the Selection of a Lender/Agent is an Important one for a lot of different reasons..

Select wisely and take the time to be sure you find the Best Lender/Agent for you...
Become informed..be smart with your money...if there is a good Deal be able to recognize it, if there is a Bad Deal be able to recognize it

Here are some places to start..Check out the info, resources, options you have available to protect yourself..to find what you are looking for..Good Luck

I would suggest you give this Fed. Gov. Site a look, it has all the Current Fed Housing Loans (FHA/Vet/USDA ect.) and you search for specific information, compare options, or take a short questionnaire to determine your eligibility for each program.....Fed Loans..Housing

I would suggest you read the 9 Steps to Homebuying on the Hud site as they are an excellent guide & Resource plus links to your Local Homebuyer Programs....
(Step 3 is interview lenders..Step 5 is interview RE Agents)..
Buying a Home

Check out all this information from the Dept. of Justice Web Site...
Competing Models of Real Estate Brokerage

Consumers Can Save Thousands of Dollars in Commissions

Competition and Real Estate... Real Estate Laws in Your State

You have options .. become familiar with them..Protect yourself

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January 27

wetdawgs
Contributions:26790

I agree with Tug. Rather than throwing yourself first in the arms of professionals, start with the self education.

Here's a link to a profile of one poster (Dan the country hick) who believes in the same. I provide the link because he has lots of excellent links in his profile that can start your basic home buying education.

A very first step: Have you saved up a good down payment and closing cost fund? Do you know your FICO credit scores?

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January 27

Tug of War
Contributions:1946

If we are mentioning Members or visiting Profiles of people who supposedly believe what I believe ..
I believe what I believe and I have many useful Links on my Profile ;)