Looking to Buy?

To save time and money while looking for a new house, use these home buying tips.

DECIDING TO BUY


Are you fed up with paying rent? Have you outgrown your current living situation? Are you looking for a place to rent? Do you simply want a larger yard?

You'll be better able to select the right home if you know why you're buying. So, what's the bottom line?

PREPARING TO BUY


Gather your documents.

Your loan acceptance procedure will be sped up if you have all of the following paperwork on available:

  • Financial statements
  • Bank accounts
  • Investments
  • Credit cards
  • Auto loans
  • Recent pay stubs
  • Tax returns for two years
  • Copies of leases for investment properties
  • 401K statements, life insurance, stocks, bonds, and mutual account information.

Your credit score will have a significant impact on the type of property you can purchase and the amount you can pay. It is initially recommended that you verify your credit score with a reputable lender to evaluate what you can afford and what you are comfortable with. The lender will check your credit ratings with Equifax, Experian, and Trans Union, which are the three major credit reporting companies.


We can gladly refer you to qualified, experienced lenders in the residential, construction, commercial, and investment real estate.

CHOOSING YOUR REAL ESTATE AGENT


When making such a large purchase, having an expert on your side is beneficial.

Purchasing a home entails making numerous significant financial decisions, comprehending complex concerns, and completing a substantial amount of paperwork. Olde City Realty can help you navigate this procedure and offer you early access to new listings before they hit the open market.