Buying your FIRST home!!
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WEST REAL ESTATE is the perfect choice when looking for your first home. We have a wealth of experience in helping hundreds of first-time buyers. Let us put our expertise to work for YOU!

Please contact us to learn how we can help you take this important step. Meanwhile, here are some tips to help:                                    

Prequalify for a loan  
It's important to be prequalified, since it helps determine how much house you can actually afford. Prequalification also helps us market you better to the seller when you're ready to make an offer. A lender will analyze your current income, debt and basic credit history situation in order to qualify you for a maximum loan amount.

 Shop for mortgage rates and terms
A difference of even half a percentage point can make a huge difference in how much you pay over the life of a loan. Do some shopping before you decide on a bank or other lending institution.

Decide what you want
Before you begin looking for the perfect house, it is important that you make a shopping list. Once you have a clearer view of what your house will need to have, looking for a home will be a great deal easier!

Don't forget the down payment!
The amount of down payment you'll need will vary, based on the purchase price of your house, and several other qualifications set forth by the lender. As an average, most home buyers make a down payment in the 5%-15% range, although your own personal situation may dictate more or less. And don't forget about closing costs, which will total in the 2-5% range, payable in cash at the time of closing. WEST REAL ESTATE can help you determine your payment needs as well as shop for a lender. Just contact us and we'll be happy to help!

Put your financials in order
As soon as you've decided to buy a house, make certain that you have a clear picture of your financial situation. Consider getting a credit report so there will be no surprises when applying for a mortgage. In addition, your lender will need details about how much money you make as well as how much you spend. Generate a budget of all your monthly bills, and have the most recent copy of your pay stub and tax return ready. If you are self employed, you will need all business records and tax returns for the last three years.

Use WEST REAL ESTATE
We're here to make your first-time house buying experience pleasant and rewarding. Give us a call... we'd love to work with you!