My Top Buyer Tips
Keep working towards your dreams yet never stop dreaming!
Be Sure You’re Ready To Commit To A Loan
The average mortgage loan term is 15 – 30 years. Be 100% sure that you’re ready for homeownership before taking on a mortgage.
Save For A
Down Payment
If you want to buy a home, you need to determine how to save for a down payment. Most lenders require at least some money for a down payment.
Don’t Skip The Preapproval
A mortgage preapproval is an official document from a lender that tells you exactly how much loan money you can get based on your financial information.
Don't skip a Home
Inspection
You need to hire a professional inspector before getting a home.
An inspection is different from the appraisal required by your lender.
Maintain Your Credit
Don’t attempt to influence your credit rating for better or worse or begin any risky spending. Lenders want to see that your behavior patterns are consistent and reliable for future payments.
Be Confident When You Submit An Offer
You should never submit an offer on a home unless you’re 100% committed to the purchase – or you could risk losing your earnest money deposit, also known as a “good faith deposit.” Giving this money signals to the owner that you’re serious about the offer.
Dont't Forget Closing Costs
Don’t assume that your down payment is all that you’ll need to close on your mortgage loan. You’ll also need to cover closing costs before you take control of your property. Closing costs are upfront expenses that go to your lender in exchange for arranging certain loan services.
Some common closing costs you might see
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Attorney fees
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Recording Fee
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Title Search Fees
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Pest inspection fees
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Appraisal fees
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Escrow fees
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Homeowners Insurance
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Title insurance expenses
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Discount points
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Property taxes
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Application Fee
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OUR PASSION IS TO EARN YOUR TRUST
Patricia is a proud team member at Century 21 Real Estate, Licensed in both Massachusetts and New Hampshire. She has been involved full-time in selling and marketing residential real estate for more than 5 years.
With an unprecedented passion for selling homes and providing families with "The Great American Dream”, Patricia’s prospecting
and closing strategies have been praised by her clients. She’s a certified Pricing Strategy Advisor(PSA) Real Estate Negotiation Expert(RENE) and Senior Real Estate Specialist(SRES). She is a committed community member and a devoted Wife and Mother residing in Methuen, MA. Her family is a never-ending source of inspiration and happiness.
What she loves most about being a Realtor is the opportunity to be able to be part of someone’s story in the home purchasing Journey and takes pride in representing her clients with professionalism.