Ready at the Line
Coaching is fun, but as I anxiously wait for the first game of my middle school football season, I begin to review the past four weeks of practice and preparation for the season. Did we practice a certain play enough? Do my players know what to do when the other team lines up a certain way? Questions, questions, questions…swirling through my head….I realize the team is as prepared as they will ever be. It’s game time. We have reviewed all facets of the game and practiced everything for the past month. I believe we are ready.

As a prospective homebuyer, are you prepared for your game time? When the right house becomes available and it checks all the right boxes you need to be ready to strike. With the help of mortgage and real estate professionals you can get your team prepared for the new home of you dreams. Sit down with a mortgage professional who is going to help you prepare for the financing for you new home. Make sure you discuss:

  • How much house you can afford?

  • Will your new monthly payments be in your budget?

  • How much do you plan on putting down on this new house?

  • How long does bank the processing take?

  • What are the base closing cost to work with this mortgage lender?

  • Are there going to be any additional fees on top of the closing costs?

These are just a few of the items to note during the preparation phase. Any qualified mortgage professional will be able to provide additional information and expectations of you regarding the financing process.

Once you know the answers to the above questions you can meet with your real estate agent who will be able to direct you to the correct market and location of your desired new home. The key to helping your agent find your new home is be clear and concise regarding the characteristics of your new home. For example, when meeting with your real estate agent and you tell them, “Well I don’t really know what I’m looking for but I want a new house”, it’s going to be much more difficult for them to help you. The best way to make sure you are prepared is to know what you want. Do you want 3 or 4 bedrooms? 2 or 3 baths? How big do you want the house? Ranch style or two-story? Take the time before you meet with your agent to prepare a list of what you are looking for in you next home. They will certainly appreciate it and will work hard to meet those desires.

Preparation is the key to success in all ventures. Especially when it comes to buying a new home. We typically do not throw someone in the water without teaching them to swim first.

Be prepared for the moment and the moment will be prepared for you.

–Your Mortgage Coach Zach

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