You can have the house of your dreams
Welcome to my website if you are thinking of buying a house in the state of Georgia and Florida, I can help you. I am a Realtor with 18 years of experience helping families to make that dream come true. With my experience in different programs such as NACA, FHA, VA, USDA AND CONVENTIONAL and also FOREING NATIONAL I will fight for you so that you have the best program that is of benefit to your family in special if you are a first time buyer. We guarantee that you will not only have a home of your own, but also a fixed monthly payment, low interest rates and many other advantages. IF you want to buy a house for investment we can also make it happen.
I know the specific needs and circumstances of our Latino community, and I am committed to making your dream of becoming a homeowner a reality!
BUYING
If you you plan to buy a house in the near future, and you are wondering how the process works, you have come to the right place, we will advise you step by step in each of the stages of the buying process with a clear and easy to understand language .
Because buying a home goes beyond the financial aspect, especially in a market where rents go up year after year. When buying a house, we must also consider the emotional component, knowing that we are the owner of a home where our children can grow up safely and live in peace is one of the greatest rewards that we as parents and members of a family can feel.
And, truth be told, today it is easier to buy a home than to rent it. So don’t be afraid to invest, but don’t do it unprepared either!
Understandably, you may feel the anxiety and dread that comes with the huge financial commitment of buying a home for the first time. Therefore, we invite you to see it from the following point of view: What is the difference in figures between paying $ 1800 for rent and paying $ 1800 for paying for your own home? It’s still the same $ 1800 dollars! But invested in a better way.
Perhaps the installments to pay a house are a little higher than the figure in the previous example, but this will largely depend on the type of loan you use, which bank you decide to work with, the initial investment you make, and the conditions general market at the time of making the acquisition.
According to statistics, 90% of property buyers are going to live in houses, that is, they are not investors and require a financing plan to buy their home. A small percentage including investors buy cash or cash. But those who do not have that possibility must resort to a bank that grants them financing.
A house is not bought overnight, many times we see that family or friends have bought a house and we think that it was an easy and uncomplicated path, ignoring the details that anticipated the purchase. All cases are not the same, but something in common is that we all have to be prepared. Here the key to everything is Preparation. The million dollar question is…. And how do I prepare?
Whether I have my own business or work for a company, having stability in terms of my annual income allows me to start planning my future. If I’m just starting a business, buying a home is probably not a good idea.
Determining how much you can afford per month for your monthly housing payment is critical. Even though you can get a home loan for a large amount of money, make sure your monthly payments are in line with your money in and out.
Even if you have an excellent credit score, you will not always get a home loan, the level of indebtedness can affect you, avoid having extremely high car payments and lower your credit card balances. If you plan to buy a house, it is not convenient to lend your credit or serve as a co-debtor.
We must be aware that bank accounts are financial tools that allow us to keep track of our money. It is preferable to pay the amounts with a check or digitally with the bank account than to do it in cash without any support that verifies that the payment or expense has been made.
Whenever you buy a home, the amount of money available for purchase can cause you to choose the financing programs that are best for you. In addition, a minimum amount is always required to invest, even if you qualify for no-down-fee or government aid programs.
Do not leave everything for last, if your lease ends in a year, it is already the best time to start acting, the time may be in your favor or against you, but starting early will save you many future frustrations. .
MY MONTHLY PAYMENT
It is very important to know what I am going to pay monthly for the mortgage on my house, it is also important to know the type of loan you will obtain.
I will give you the following examples:
If you get an FHA loan you will pay
P.I.T.I + PMI
Principal + Interest + Taxes + Insurance + Mortgage Insurance
This PMI is the Mortgage Insurance is for the benefit of the bank and you will pay it for the rest of the life of the loan
Conventional with 3%
P.I.T.I + PMI
In this loan you will also pay the 5 things but the PMI will only be for 9 years after the Ninth year it will be eliminated which means that your payment will go down.
Conventional with 20%
In this type of loan you will NOT pay the PMI Only pay
P.I.T.I
We will help you choose the best financial option.