|
|
|
|
| TIPS FOR BUYERS: |
| Should you have any questions … please feel free to contact us anytime! |
| Selecting an Agent: It is important that you choose the right agent to represent you. We are dedicated to your best interests and will negotiate the best price and terms on your behalf. We have an extensive knowledge of San Diego and the downtown communities and neighborhoods. In your search for a new home or investment, we will provide you with a comparative market analysis, as well as research the market for you and provide you with information about properties available for sale. |
| Define Your Needs: One of the first steps toward purchasing your new home or real estate investment is to define your needs and evaluate the benefits of owning your new property. Start by formulating your ideas as to why you are purchasing a new property. Next, establish a time frame in which you would like to complete your new purchase. And finally, decide which features you would like most in your new home or investment. We can assist you with this process so you can determine exactly what you want and discover what is available. |
| Loan Pre-Approval: Do you already know how much home you can afford? If you seriously want to buy a new home or real estate investment, you must be pre-approved with a lender. Depending on the type of loan you decide to go with, pre-approval will give you the exact amount that you are qualified for. Making an offer with a loan pre-approval letter, in hand, lets the seller know that you are a serious and qualified buyer. Sellers weigh offers based on the strength of the buyer's financial ability to actually complete the transaction. Therefore, a pre-approval letter tells the seller that you can in fact buy the home. |
| There are several benefits to the buyer when you go through the pre-approval process prior to shopping for a new home or investment. You can research in advance the loan program that works best for you and determine your monthly payments. You save time by only previewing homes you are qualified for. Your offer to purchase is stronger and more favorable when accompanied by a loan pre-approval letter. For your convenience, we have a mortgage lender located in our downtown office. Please be sure to contact us for additional information and let us know if we can assist you further in this process. |
| Avoid Major Purchases: In order to determine the amount of home you can afford, the lender uses your debt-to-income ratio. This ratio is the percentage of your pre-tax income that you spend on debt. Your debt ratio will include: monthly housing costs, car payments, credit cards, student loans, and any other installment debt. Keep in mind, expensive vacations, events, furniture, appliances and jewelry may all be considered major purchases. If you take on more debt right before buying a home it is going to have an impact on the amount of the loan that the lender will finance. |
| Sign up for Property Watch: In order to make an educated decision on your real estate purchase, you need to know what is available and how much it is selling for. You can browse all the active listings from our website. Once you have selected some properties of interest, you can save those searches and sign up for Property Watch so that new listings will be emailed to you. The best properties sell quickly, so you need to make sure that you are on top of the available inventory at all times so you do not miss out! |
|
|
URBAN REAL ESTATE SERVICES, INC.
620 First Avenue, San Diego CA 92101
TEL: 619.325.0405 | FAX: 619.325.0403
www.URBANREALESTATE.info |  |   |
|
|
