Home Buyers
_____________________________________
Real Estate eBroker Real Estate prides itself on supporting those looking to buy or sell property. Below you will find helpful resources that will help you on your journey. If you have any questions, feel free to contact Dana (562)684-0736 for a no obligation consultation. I am here to support you!
Government Agencies
California Department of Real Estate
Research realtors licenses and any complaints on file
Federal Housing Administration
Federal resource that includes laws and government assistance programs
Check A Contractor's License Status
Look-up a Licensed Contractor or a Salesperson's Registration to verify information and find out about any complaints disclosed
Miscellaneous Information/Articles
Tips for Buying Your First Home
Find out the little details that can make your first home purchase transaction a smooth one
Beyond the Headlines
Real estate news courtesy of the California Association of Realtors
Buying Pre-foreclosures
Pre-foreclousers can be an excellent way to move into real estate market, however, there are some things you should know
Home Shoppping the Smart Way
There are good and bad ways to shop for a home
Contact me today!
(562)684-0736
info@danandrewsrealtor.com
There are four major things to avoid doing before applying for a loan and during the loan process itself. Anyone of these four things can greatly impact your ability to qualify for a mortgage loan so it is prudent to avoid doing any of the following until AFTER your loan has closed escrow:
1) DO NOT CHANGE JOBS
Changing jobs before or during the loan process can create a real problem in qualifying you for a loan, particularly if that job is in a different line of work or at a lower rate of pay. During the loan process, it can also create time delays as the new job will need to be verified.
2) DO NOT SWITCH BANKS OR MOVE YOUR MONEY AROUND
It is best to leave your money right where it is until your loan is closed. Moving your money to a new bank or even into a new account can wreak havoc with the verification process.
3) DO NOT PA Y OFF BILLS
Your loan officer will advise you if it is necessary to payoff bills to help you qualify for a loan. They will also show you the best way to payoff bills to make sure that escrow has evidence they need to prove that the bills have been paid.
4) DO NOT MAKE ANY MAJOR PURCHASES
Many borrowers make the mistake of buying a new car, some furniture or making another major purchase without realizing the impact it can have on their ability to buy a home. A large monthly payment can effect the amount of home you qualify for and, during the loan process itself, actually make it extremely difficult to get your loan approved.
If you must do any of the things listed above (even if you've just been pre-qualified for a loan) contact your loan officer. They can help you by re-qualifying you if necessary and advising you of your options.
Happy Home Hunting!