Download - Buying A Home
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Watson Realty Referral
Home Buyer Guide
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Realtor Sales Associate • As a Watson Real Estate Associate I am here to guide you
through the many steps of buying a home. At Watson
Realty we work as a team to insure you are satisfied with
our expertise and understanding of your real estate needs.
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Duval Cty, St. Johns Cty, St Johns Town
Center, Amelia Island, Orange Park, Ponte
Vedra, Beaches Areas, etc.
Listings are available in
All Jacksonville
Locations
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Know your budget and
what price range you
would like to stay within • Get an approval for a mortgage from the bank
• W-2 forms for the past 2 years
• Federal Tax Returns for the past 2 years
• Last 2 months bank statements
• Long term debt information such as credit
cards, auto loans, etc.
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Getting Approved • A lender will check your credit to see if you can afford the
loan
• If your credit is poor, there are things you can do to
improve it
• Make sure the report is correct. If not, call to fix it.
• Begin to pay your bills on time.
• Use two to four credit cards
• Keep an accurate checking and savings account
• Show job stability for a few years
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Pre-approved vs Pre-
Qualified
• Pre-approved: confirmation the lender will give you a
commitment to loan you the money for the mortgage
• Pre-qualified: an estimate of what you can afford
• Being pre-approved makes you look better to the seller
when making an offer
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Which Mortgage Should
you Take Fixed Rate Mortgage: the interest rate stays the
Same for the entire term of the loan
Adjustable Rate Mortgage: the interest
rate is linked to a financial index and may
fluctuate with market conditions.
Therefore, payments may change over the
life of the loan
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Your Budget Calculation
To estimate your budget, add up your total financial
Worth and then subtract all the cost in the purchase
Some expenses you may carry:
• Down payment
• Mortgage
• Insurance
• Points
• Taxex
• Attorney’s fees
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Now You’re Ready for
More Action Before you search for the home of your dreams, these
are some of the things you should consider:
• The neighborhood you want to live in
• Size of the property
• School system
• Public transportation’\
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Multiple Listings Open Houses & Special Features
• As your Watson Realty Sales Associate, I can show you
every home available on the market that suits your needs
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Online Access
http://www.watsonrealtycorp.com/
Provides access to a huge number
Of properties that you can take a look st.
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Writing the Offer
Once you’ve found the perfect home, I will
Write up the offer and make sure all
paperworkAnd other activities are completed
so you can close on your property
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The Closing
This is the meeting where the transaction is finished. I will guide you through this important procedure to make owning your home official
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Watson Realty Referral
Home Buyer Guide
Visit my website at
www.mlrogersjax.com