“Not All First Time Home Buyers Understand”
We had the inspection done today, how soon will we know if the house is ours?
During the pre-qualification process I explain as much of the mortgage process as is possible at that point. During the home search I go over what the mortgage payment would be and sometimes different loan products. During the mortgage application, I go over everything that will be needed to complete the process and most importantly a list of do’s and don’ts.
No matter how many times I go through the explanations, I can’t forget that what I say to a prospective buyer or buyers may be interpreted as something totally different. All of us connected to a real estate purchase need to do lots of handholding, especially with first time home buyers.
Image courtesy of StuartMiles/freedigitalphotos.net
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Joe Petrowsky, NMLS #6869
Right Trac Financial Group, Inc. NMLS #2709
110 Main St.
Manchester, Ct. 06042
Office: 860 647-7701 x116
Fax: 860 647-8940
Cell: 860 836-9294
Joe Petrowsky does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.
Equal Housing Statement: We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing becuase of race, color, religion, sex, handicap, familial status, or national origin.