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What Is the First Step to Owning a Home?

 
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Indhold leveret af Ruby Miranda. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af Ruby Miranda eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.

The very first step you should take when buying a home is getting your financing in order. I’ll explain why today.

Selling in the greater Houston area? Get a market analysis report
Purchasing in the greater Houston area? Get full MLS access

The most common question I get asked when someone is looking to buy a home is “What is the first step?”

When you’re getting ready to buy a house, the very first thing you’ll want to do is secure your financing. You’ll want to make sure that your budget is where it needs to be as well as make sure your debt-to-income ratio matches up with what you want your monthly payment to be.

Meet with a lender to figure out how much you can spend, how much you’ll need for closing costs, how much you’ll need for a down payment, and what your total monthly payment is going to look like.

As humans, we always compare everything to the one that got away.

The last thing you want to do is look at homes before you’ve got your financing in order. The pre-approval process can take up to 72 hours, so if you fall in love with a home and have to wait for a pre-approval letter, you might lose the home during the waiting period. As humans, we always compare everything to the one that got away, so make sure you’re ready to go with a pre-approval letter.

If you have any questions about this topic, buying or selling a home, or any other real estate questions, please feel free to give me a call or send me an email. I look forward to hearing from you!
  continue reading

19 episoder

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Fetch error

Hmmm there seems to be a problem fetching this series right now. Last successful fetch was on September 27, 2023 05:15 (1+ y ago)

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Manage episode 175280764 series 1385870
Indhold leveret af Ruby Miranda. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af Ruby Miranda eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.

The very first step you should take when buying a home is getting your financing in order. I’ll explain why today.

Selling in the greater Houston area? Get a market analysis report
Purchasing in the greater Houston area? Get full MLS access

The most common question I get asked when someone is looking to buy a home is “What is the first step?”

When you’re getting ready to buy a house, the very first thing you’ll want to do is secure your financing. You’ll want to make sure that your budget is where it needs to be as well as make sure your debt-to-income ratio matches up with what you want your monthly payment to be.

Meet with a lender to figure out how much you can spend, how much you’ll need for closing costs, how much you’ll need for a down payment, and what your total monthly payment is going to look like.

As humans, we always compare everything to the one that got away.

The last thing you want to do is look at homes before you’ve got your financing in order. The pre-approval process can take up to 72 hours, so if you fall in love with a home and have to wait for a pre-approval letter, you might lose the home during the waiting period. As humans, we always compare everything to the one that got away, so make sure you’re ready to go with a pre-approval letter.

If you have any questions about this topic, buying or selling a home, or any other real estate questions, please feel free to give me a call or send me an email. I look forward to hearing from you!
  continue reading

19 episoder

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