Florence The Right Place For You
While we are listing specialists, we also service buyers and strive to find the right property for them. We want your buying process to be smooth and for you to love the home you purchase. We will work with you to ensure any homes you are offered fit your needs and desires.
When you're ready to find the right home in Florence or the surrounding areas, fill out the form on our contact page or call us at the numbers listed on our Meet The Team page. Whatever your home-buying needs, together, we'll find what is perfect for you.
Resources for Buyers Things to Consider Before Buying a Home
Your credit is crucial when applying for a loan; the better your score, the lower your interest rates will be. Be sure to check all three major credit reporting companies: Experian, Equifax, and TransUnion, as the information in each report may vary slightly. Make sure you make copies of your credit report as well and check your score well in advance of applying for loans.
Most people need to take out a loan when buying a home, and you'll want to be prepared to make an offer when you find that perfect home. It's important to be sure that you're approved for a loan before looking at homes so you don't miss out on any opportunities. If you need help finding a lender, visit our Lender Page for our recommended local trusted lenders.
Tip 1: Get quotes from multiple lenders
It’s recommended that you visit three to five lenders and discuss your mortgage options. Be aware that some lenders may charge a credit check fee.
Tip 2: Consider all types of lenders
Obtain estimates from loan officers at banks and credit unions, as well as mortgage brokers and non-bank lenders.
Tip 3: Compare loans on the same day
Because mortgage rates change frequently, it’s best to compare loan programs on the same day so that you can accurately judge cost estimates from several lenders.
Tip 4: Shop for a loan within a 45-day period
Try to do your mortgage shopping within a 45-day period so that there’s minimal effect on your credit. Multiple credit inquiries outside a 45-day period could lower your credit score.
Tip 5: Compare all loan terms, not only the mortgage rate
The loan with the lowest mortgage rate may not always be the best choice for you. Rates are important, but you should also consider the overall cost of the loan.
Be sure to look at the mortgage term, which is the duration of the mortgage, and the associated costs of financing, such as:
- The APR for the loan.
- Lender application fees.
- Processing or loan origination fees.
- Closing costs (also known as settlement fees).
Ask for an itemized summary of estimated fees from each lender you work with. This should help you understand costs and compare mortgage options.
After you submit an application, the lender is required to provide you with a Loan Estimate that includes the terms of your loan and all estimated costs, plus your APR, finance charges, and payment schedule.
Tip 6: Ask questions if you don’t understand loan features
Ask the lender to fully explain the loan program that is being offered to you if you don’t understand all its features.
Calculate what's realistic for you before considering different areas to live in to be sure things stay within your budget. Once you know your range, we can help you make the most out of your money.
Finding the right home can be time-consuming, but it's important to consider everything before you decide. What's the commute like to work? If you have kids, what are the schools like in the area? How many bedrooms and bathrooms will you need? Do you prefer a newer or older-styled home? All are important factors to take into account during the home-finding process. We are dedicated to helping you through the entire home-buying process. Once we find that perfect home, we will prepare a written offer. With my experience in the market, we can help you arrive at an offer that both fits your budget and has the best chance of being accepted.
After your offer is accepted, you'll have a grace period to have the house professionally inspected and request repairs or counter-offer if the situation arises. Once this step is complete, we will verify the terms and conditions of your loan and assist you in signing your papers. I'm here to assist you with any questions you may have during the process.
Now that you've found your perfect home, it's time to make moving arrangements. If you plan on utilizing a professional moving company, we can recommend reputable, local movers. Don't forget to fill out your change of address forms and inform the utility company of your move!