Lucky We Live HI

PREPARING TO BUY A HOME

ARE YOU LOOKING TO BUY A HOME IN THE NEXT 6 MONTHS….A YEAR…OR TWO??  

GET STARTED NOW!!!

 

 HOME SEARCH TOOLS AT YOUR FINGERTIPS 

 CLICK HERE to set up a free up-to-date CUSTOM HOME SEARCH that will be emailed to you as properties hit the market!

 TEXT “HOME SEARCH” TO 808-346-7961 FOR A FREE HOME SEARCH APP TO USE ON YOUR PHONE 

 CHECK YOUR CREDIT SCORE NOW!   

BE PREPARED, NOT SURPRISED!  

A MORTGAGE LENDER WILL BE ABLE TO GET YOU YOUR CREDIT SCORE AND HELP YOU DETERMINE IF YOU ARE ABLE TO BUY A HOME NOW

IF YOU FIND OUT THAT YOUR CREDIT IS GOOD…. THEN YOU HAVE ONE LESS THING TO WORRY ABOUT

A GOOD CREDIT SCORE ALLOWS YOU TO GET A HOME LOAN

A GOOD CREDIT SCORE GETS YOU A BETTER INTEREST RATE ON YOUR HOME LOAN

IF YOU FIND THAT YOU HAVE POOR CREDIT…. WORK ON RAISING YOUR CREDIT SCORE TO QUALIFY FOR A HOME LOAN

CALL AROUND….MANY BANKS AND CREDIT UNIONS OFFER FREE CREDIT COUNSELING SUCH AS WAILUKU FEDERAL CREDIT UNION  IF YOU NEED HELP REPAIRING YOUR CREDIT

CLICK HERE TO OBTAIN YOUR CREDIT SCORE FOR FREE

KNOWLEDGE IS POWER!

 

 DETERMINE HOW MUCH YOU CAN & WANT TO AFFORD 

MEET WITH A MORTGAGE LENDER TO SEE EXACTLY HOW MUCH YOU CAN BORROW

THE MORTGAGE LENDER WILL GET YOU PRE-QUALIFIED FOR A HOME LOAN AMOUNT

YOU SHOULD NOT PUT IN OFFERS TO BUY A HOME UNTIL YOU HAVE A PRE-QUALIFICATION LETTER FROM YOUR LENDER

A PRE-QUALIFICATION LETTER SHOWS SELLERS THAT YOU CAN AFFORD TO BUY THEIR HOME

HOW MUCH YOU CAN AND HOW MUCH YOU WANT TO AFFORD MAY BE TWO DIFFERENT THINGS

JUST BECAUSE A BANK WILL GIVE YOU $700,000 DOES NOT MEAN THAT YOU ARE COMFORTABLE MAKING THAT PAYMENT EVERY MONTH

THIS IS A BIG DECISION, SO TAKE THE TIME TO THINK ABOUT WHAT YOU CAN TRULY AFFORD PAYING MONTHLY 

 

 SAVE FOR A DOWN PAYMENT, CLOSING COSTS, AND MISCELLANEOUS EXPENSES  

IN TODAY’S MARKET YOU MAY BE ABLE TO FIND A LOAN THAT ALLOWS YOU TO PUT AS LITTLE AS 3-10% DOWN TO BUY A HOME

**IF YOU PUT DOWN LESS THAN 20% YOU WILL HAVE AN EXTRA MONTHLY PAYMENT FOR PRIVATE MORTGAGE INSURANCE (PMI)

PRIVATE MORTGAGE INSURANCE CAN BE ADDED INTO YOUR MORTGAGE PAYMENT

SAVE FOR INSPECTIONS AND CLOSING COSTS (THESE COSTS CAN BE NEGOTIATED IN THE OFFER FOR THE SELLER TO HELP PAY FOR)

SAVE FOR A RAINY DAY: HAVE MONEY SET ASIDE TO PAY YOUR MORTGAGE FOR 3-6 MONTHS IN CASE OF AN EMERGENCY, IF POSSIBLE

TRY TO DECREASE THE AMOUNT OF DEBT YOU OWE, IF POSSIBLE

 

 SEARCHING FOR YOUR DREAM HOME 

IT IS FREE TO HAVE A REALTOR WORKING TO FIND YOU A HOME…ONCE YOU BUY A HOME, THE HOME SELLER PAYS THE REALTOR

HAVE A REALTOR ON YOUR SIDE WHO WILL GIVE YOU THE MOST UP TO DATE NOTIFICATIONS OF HOMES HITTING THE MARKET

FIND A REALTOR THAT HAS YOUR BEST INTEREST IN MIND….

YOU WILL KNOW…TRUST YOUR INSTINCTS!

CONSIDER WHAT YOU WANT AND NEED IN A HOME….. SIZE, NEIGHBORHOOD, SCHOOLS, PRICE,  ETC….

RESEARCH NEIGHBORHOODS

IDENTIFY THINGS THAT YOU ARE WILLING TO COMPROMISE ON AND THOSE THAT YOU ARE NOT

BE READY TO PUT IN AN OFFER ON A HOME YOU LOVE, MAUI HAS LOW INVENTORY AND HOMES MOVE QUICKLY

 Email me: ashleymauihomes@gmail.com to provide you with MORE information on how to achieve these goals and provide MORE tips to be prepared to buy your next home