First Time Pullman Real Estate Buyers
Now is a great time to think about buying real estate especially if you are a first time home buyer!
Where do you start?
Check out our financing page for details on getting your budget in order to support a mortgage. When you buy your first home, making monthly payments probably won't be a problem. After all, you're already paying rent to your landlord each month. It's coming up with the lump sum needed for a down-payment that may seem impossible. Fortunately, there are options to make buying your first home a happy reality.
Get a pre-approval letter. Your lender will sit down with you and go over all your finances and work up a figure to help get you started on how much you can afford. They will write up a letter stating you have been pre-approved up to a certain amount and this letter can be presented to buyers when submitting an offer to show the seller you are a serious buyer and have done your homework.
Your lender. Your bank or credit union may help as well. Are you debt free and own something free and clear, like a car? Your lender may lend you the down-payment by securing it against this asset.
Private contracts. Look for a seller to help you buy and finance your home. Some sellers are willing to carry the contract themselves and will waive the down payment, especially in this market. You may only have to pay the monthly mortgage installments.
For more financial help on buying Pullman real estate let our agents help with resources, referrals and assistence on all areas of real estate.
REAL ESTATE AFFILIATES AND SOURCES: Shirley Smith is one of the leading professionals in Carlsbad CA real estate and homes for sale. Call her or visit her website at CoastsideProperties.com for more information and all the current listings. Peggy Hughes Associates assists in moving and relocation with professional organization and staging. Peggy Wester offers a full service real estate agency for all listings and homes in Ozaukee County WI, including Washington and Northshore Wisconsin real estate.