First time buyer? What you need to know.
Congratulations, you are ready to walk down the road that leads to home ownership.
You can look on line at house and start getting an idea of what appeals to you.
Our local MLS This is for the Victor Valley, in So. Calif.
You can search on my website
You need to do 2 things,
1- Prepare financially to show that you can buy a house.
*Find a good trust worthy lender
You must be prepared to let them run your credit and answer questions
about your finances and back up your answers with bank statement, tax records and pay check stubs or other proofs of your finance.
The lender will give you a letter letting the seller know that you are qualified
buyer. The letter is known as a pre-qual.
My favorite lenders are:
Matt at Regal Mortgage, 760-843-8481
Craig at Wells Fargo 760-265-3423
Craig does conventional loans/loans with 20% down for our local area.
Brett at Bank of America 909-447-3470
Al at PRMG 760-245-7764
Al also speaks Tagalog
HINT:If you don’t have a file with all your current information, start one now so you aren’t wondering where it is later.
You'll need pay stub, tax papers just to start.
2-Look for a real estate agent that will help you find the home of your dreams.
If you are in the Victor Valley looking, you can call me. 760-684-0250
Honestly I’m not the agent for everyone; I’m not going to sell you a house.
I’ll help you find a home. I have a laid back style and am not pushy.
I also talk a lot. I do call you back and I try to show up on time to our appointments and if I’m late,
I try to call you. So you make prefer someone with more razzmatazz or more or less of something else.
There are many agents out there. You will spend a lot of time with your agent. Find someone you like.
You now have your “pre-qual” in one hand and your agent in the other, time to go look at houses.
If you are working with me, we will have talked about what you want in a home and what area you want to live in. I put your criteria into the computer and you will start receiving e-mails with houses that match what you are looking for. Now we don’t have a button for ugly, so you get a lot of good and bad. But when you see one that makes you go, “Hummm, I’d like to look at that”, we talk about it and make sure it’s still OK to go see.
Happy House Hunting.
Next we’ll take about making an offer.