Buyer Steps - Preparation

Be Prepared
It is a good idea to make some preparations, before you start shopping for your property.

Build Your Financial File.
A financial file contains all your important financial documents. You will need it to secure financing for your property. Your financial file should contain:
" Bank accounts
" Financial statements
" Investments
" Credit cards
" Auto loans
" Recent pay stubs
" Tax returns for two years
" Copies of leases for investment properties
" 401K statements, life insurance, stocks, bonds, and mutual account information.

Do You Know Your Credit Rating?
It is recommended to check your credit rating from the three credit reporting agencies Equifax, Experian and Trans Union or with an experienced lending institution so that they can determine what you can afford. We will be happy to recommend experienced, knowledgeable lenders in the real estate field.

Financial Stability.
You want to approach your property purchase from a position of financial stability. Now is not a good time to make large purchases or sudden career changes.