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With the right real estate
agent, buying a home can be an exciting experience. Janet focuses on your
requirements to make this happen!
| First-Time
Buyers |
The
home-buying process can be overwhelming to many first-time buyers.
For more information, visit my alternate resources section by clicking
here.
You can also shortcut the
process by contacting Janet and learning
where to focus your efforts. |
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| Experienced
Buyers |
Already know
the ropes? Check out my New Listings,
search
MLS, or sign-up
with
the Virtual Agent to receive emails on new
properties.
As always, you can contact
Janet for direct, personalized service. |
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| New
Construction? |
Interested in
a brand new home? Search availability by clicking
here. |
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| Leasing |
Need to lease
at the present time? Search some options by clicking
here. |
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| Mortgage Programs |
The mortgage lending industry
has a wide variety of programs available, however, you may find that only
a few meet your specific situation.
Checkout my mortgage resource page for
more information by clicking
here.
For your convenience, there is also an
online mortgage calculator located below on this page.
Need a mortgage industry
contact? Call Janet at 214-658-4401! |
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| Down Payments |
The amount of cash required to
buy a home may be less than was traditionally required. In the past,
mortgage lenders required at least a 20% down payment. Today,
special programs and Private Mortgage Insurance make lower down payments
available.
Not everyone can obtain the low down
payment programs as these loans may require better credit history and more
strict income requirements. |
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| Credit Scores |
Three national credit bureaus
maintain files on a person's credit history and create a credit score from
a complex list of factors.
A high credit score generally makes you
eligible for the lowest rates and a greater availability of loans.
Low credit scores typically mean higher interest rates and a longer time
in locating a source of funding. |
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| Private Mortgage Insurance |
Private Mortgage Insurance (PMI)
is a type of insurance that helps protect lenders from foreclosure losses
and allows lenders to accept lower down payments.
Generally, if you are applying less than
20% down, you will be required to purchase PMI and the premiums will be
added to your periodic payment. |
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| Title Insurance |
Title insurance aids in
protecting you against any outstanding liens against the property,
easements, or other issues that may affect your rights of ownership and
use of the property.
The policy is issued after a search of
public record that shows the condition of the recorded title. |
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Online Mortgage Calculator
- Use the calculator below to estimate your payments based on loan term and
interest rates. (For illustration purposes
only. Do not use for financial decision-making.) More
calculators located here.
*Note that the above
Total Monthly Payment does not include Private Mortgage Insurance (PMI). PMI may
be required if the loan amount exceeds 80% of the total value (i.e. less than
20% down payment).
Equifax
PO Box 105873
Atlanta, GA 30348
800-658-1111 |
Experian
PO Box 8030
Layton, UT 84041
800-520-1221 |
Trans-Union
PO Box 390
Springfield, PA 19064
800-916-8800 |
Need more information on mortgages?
Click
here for access to volumes of information compliments of Janet King.
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