Remember, real estate is a complex operation. Even if you do not use Realtors, you will need a complete, reliable team: the investor, lawyer, expert builder, appraiser, and well as recommendations from friends and acquaintances. Need to enlist the support of these individuals at the beginning of the buying process.
Buying at first sight. You can fall in love with the first viewing (or you fall in love with the first show), but whether meet the real estate purchase budget and current needs of your family? Make a list of your priorities and preferences and make sure the house (flat) fits your needs. Explore the neighborhood and Meet with neighbors before submitting a deposit by visiting at different times of day and week to learn about noise and traffic density of vehicles. Even if you do not have children, check with local schools, kindergartens, to ensure that the cost for possible resale will be good. Is also important proximity of shops, clinics, public transportation. Do not get prior agreement from your loan broker.
Preliminary consultation provides an overview of what credit limit you can afford to take. Previously agreed on all conditions, the lender verifies the reliability of your information and agrees to give you a certain amount of money. You’ll feel more confident, knowing exactly how much you can afford and that you have a reliable funding. Overpayment: Remember, you can borrow a large sum, but Are you able to afford it? Analyze your monthly expenses: credit, meals, transportation, entertainment and savings.