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PREPARING TO BUY

 
 

BUILD YOUR GREEN FILE

This file will contain all your important financial documents that you will need in this process. Example files to include: Financial Statements, Bank Accounts, Investments, Credit Cards, Auto Loans, Recent Pay Stubs, Tax Returns, Lease Copies of Investment Properties, 401k Statements, Life Insurance – the list goes on and on.

 

CHECK YOUR CREDIT

Your credit score will play a huge impact on what kind of loan you can get to finance your new property. It’s recommended to go over your credit with an experienced lender to determine your budget. This lender will do research and help you lay out all your options.

 

BE CAREFUL WITH YOUR FINANCES

Now is not a good time to make any sudden career changes or large purchases – do not open any new accounts. You will need to approach the purchase of a property without any big dings to your credit.

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