Pre-approval

If you display your pre-approval status you're more likely to negotiate a better price and terms when you make an offer on a property.

Credit Report

You can get a credit reort from your mortgage expert, or request a free report online. Mistakes are not uncommon, and you need to correct any mistakes before you proceed.

What is your mortgage payment comfort zone?

The standard debt ratio limits for a mortage loans is 28% of your gross income for your entire payment and 36% of your gross income for your mortgage payment and all other credit obligations. Make sure you know your personal limit before you make any offers.

Whole home inspections

It is highly recommended that you have all aspects of the home inspected before you complete your transaction. A thorough inspection may reveal some unpleasant surprises. Your inspector may suggest further inspections based on your situation.

Home warranty

Ask your realtor about the home warranty of the home you are purchasing. You can transfer most warranties into your name and maintain coverage after you move in.

Homeowners insurance

There are many reasons to choose your insurance agent while you're searching for your next home. Your insurance agent can be extremely valuable in answering questions about various issues related to your home before you buy. Buyers are required to pay the first year’s premium at closing.

Do you need to sell before you purchase a new home

You may be interested in moving into your next home before you sell your current home. Your mortgage expert can explain how a swing loan works. ET Realty can also sell your home.