- GET APPROVED FOR A LOAN
Before you start looking for a home, you must have your financing in place. Knowing your buying power makes all the difference. At Palisade Realty, we can help you get qualified with lender whom we trust or with another lender of your choosing. We assist with all types of loans (FHA, VA, CALVET, conventional). All home sellers require a pre-approval letter from a lender before they will accept or consider an offer.
- KNOW YOUR BUDGET
You should have a concrete understanding of how much you can afford for your monthly mortgage (principle, interest, taxes, insurance, aka PITI). Before we write your offer, you will also need to know how much you are required to pay for costs such as loan origination fees, escrow fees, insurance, taxes, and the down payment. In many of our transactions, we have negotiated for the seller to pay for much of the closing costs. Nevertheless, understanding your budget is key to a happy home purchase.
- KNOW WHAT YOU WANT
Location, location, location. The larger you expand your possible locations the higher the likelihood you will find a suitable property. Take the time to learn and identify as many possible locations as you can. If you’ve never been to San Diego, don’t worry, we can help. Helping out of towners is one of our specialties. Once you know your possible communities, then we can focus on homes that fit your criteria and budget.
- START LOOKING AT HOMES
Looking at listings is a good start to finding a suitable home. We will send listings in the area(s) that meet your criteria; however, you cannot find a house by just looking at listings, classifieds or by researching on the computer. You have to go out and start looking at houses. This is the best way to evaluate and understand the market.
It requires teamwork to get your deal to the finish line. As your Realtor, Palisade Realty will coordinate all aspects of your transaction including the preparation of an offer, reviewing disclosures, helping apply for a loan, dealing with escrow, recommending inspections, insurance agents and other professionals typically involved in a real transaction. We will keep you informed about your transaction along the way. Our agents are available by cell phone and do take pride in returning calls within a reasonable time.