Thank you very much for reading and downloading this Bay Area Real Estate Consumer Awareness Guide.
The reason for this handbook is so that you could gain more knowledge and awareness in regards to purchasing a home here in the Diablo Valley in Contra Costa County. Purchasing and financing a home can be one of the biggest decisions, and most difficult processes to go through if you don’t know what to expect.
In this quick guide I will cover the most important aspects of purchasing real estate and financing a home with a mortgage.
Feel free to share this guide with anybody that you feel it will help and if you’d ever have any questions you’re welcome to reach out to me personally here.
8 MOST IMPORTANT STEPS WHEN BUYING A HOME
In every real estate transaction they are important steps that you must take in order to get through the home buying process.
The actual process of buying a home is often referred to as escrow. When going through escrow there are primarily several stops that you’ll need to take in order to successfully get through the home buying process.
4 STEP PLAN TO GET YOUR DEBT DUCKS IN A ROW
Debt plans are just as important as a savings and or investment plan.
One of the most important aspects of financing a real estate transaction is to have your other financial ducks in a row. You want to be sure you’re not overwhelmed with things like credit cards, student loans, and other monthly expenses in order to be prepared to buy a home.
Here we have put together a four step plan to help you get your financial ducks in a row. We have also provided you with a very helpful debt reduction planning worksheet that you could use anytime you like.
I use this work sheet for my very own personal finance and debt planning.
MOST COMMON MISTAKES TO AVOID WHEN BUYING
The home loan process can be quite stressful if you don’t know what to expect.
As somebody that’s been helping others finance real estate since 2003 I’ve seen some pretty wild things from borrowers that have ruined their loans at the very last minute just because they did not know any better.
Right here I want to go over the most common major mistakes that you need to avoid when you’re buying in financing real estate in the Contra Costa Bay Area.
WHAT ARE CLOSING COSTS AND HOW TO PLAN FOR THEM
You might often hear about closing costs when you’re buying a home.
Closing costs can put a dent in your pocketbook if you don’t know what to expect and how to deal with them. In this quick article we’ve laid out a plan to sell you the most common closing fees what to expect and who should be paying for them.
There are 3 mains ways to take care of your closing fees. You can pay them yourself… Have the Seller Pay for them or you can also have the lender pay for them. There is a trade off for each closing scenario.
Below I go into details regarding closing costs when buying a home.
6 MOST COMMON HOME BUYING QUESTIONS
Every day I’m approached by people in person and on the phone who ask me about buying a new home and financing it with a mortgage.
What I’ve found is that nine out of 10 new perspective homeowners have the exact same questions that you might be wondering yourself.
In this quick video tutorial crash course I’ve spent some time going over the six most common home buying questions that I get asked every single day on a regular basis.
Review this crash course so you can get your question answered before even ever talking to anyone.
NOW THAT YOU HAVE THE BASICS DOWN… YOU’RE READY!
One other aspect of purchasing real estate that is very important it is for you to realize and calculate the cost and benefits of home ownership compared to the cost and benefits of your current rental situation.
If you would like a custom analysis on a rent to own situation specific to you… I will happily provide that to you with no obligation all you have to do is contact me and ask me for your Renting VS Owning analysis sheet and I will put some realistic figures together for you to consider.
WHAT TO DO NEXT
I hope you gotten at least a little bit of value from this real estate consumer awareness guide that I’ve put together for you.
If you have found any of this interesting or have learned something new feel free to share this guide with anybody that you want to.
If you know a family member or friend who might be shopping for real estate please forward this guide to them so that they might learn the same processes.
In addition I truly truly appreciate my readers followers and clients and colleagues.
I would be more than happy to help you with any individualized personal questions that you might have about your specific situation.
Please do not hesitate to contact me or call me so that we could set up a time to get all of your specific questions answered.
If you been thinking about purchasing real estate for a while remember. If you really want to do something you will find away if you don’t you almost always find an excuse.
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