Growing up, I never thought about my life and what I wanted to do after college. I lived for the day and was just thinking about the next baseball game or what my friends and I were going to do the upcoming weekend. As I got closer to graduation from high school and headed off to college, things changed and my goals in life became a little clearer. Once I graduated college, my goals were pretty clear..........get a job and find a place to live. My first place on my own was a single wide 2 bedroom trailer. It was great. It was pretty new and came furnished including a washer/dryer. I lived there for 2 years and soon knew that one day, I wanted to own my own home. Buying a home is a large step and a major accomplishment for most and the largest part of home ownership is the mortgage qualification. This also should be the first step you take in the buying process. Lots of buyers want to go out and look at homes first and some will even say they want to find the "right" home first because they are sure they qualify. They pay their bills on time and have a steady job and "just bought a car and got approved no problem". I am telling you right now, if you don't talk to a mortgage lender first and get the "green light" from them, then you are doing yourself a disservice. A mortgage lender can ask several basic questions of you and pull your credit score. Based on just a little bit of info, they can tell you if you should be able to qualify for a mortgage. They are going to want to pull your credit score which shows your credit history. They will also want to know what "debts" you have and what your income is. Please be aware that if you are looking to buy a home and use your income along with a spouse or someone else, then that person has to be subject to credit worthiness and have their credit score pulled as well. They are going to look at your income and your debts and look for the 40% ratio. Your monthly debts (credit cards, car payments, loans, child support,...) can not be more than 40% of your monthly income including the "new" possible mortgage amount you are applying for. Just because you pay your bills on time and have good payment history doesn't mean you will qualify for the amount of a home that you are wanting. Also, just because you qualify for certain amount does not mean that this amount is a comfortable payment amount for you as a monthly mortgage payment. Meeting with a lender and getting preapproved for a mortgage will give you as a buyer the assurance that you can buy the home that you are looking at and that you can "afford" it in terms of a monthly payment. Mortgage approval turns people into ready buyers and allows you to move forward confidently. If you are looking to purchase a home in the greater Raleigh area (Cary, Wake Forest, Holly Springs, Apex, Fuquay Varina, Clayton, Youngsville) we have some fantastic preferred lenders that would be glad to speak with you and let you know where you stand in terms of financing. Our team is here to help you.......give us a call. As our teams lead buyer specialist, I want to help you. Let me know what I can do for you. Chad Wingler 919-323-2616
Author:Chad Wingler Phone: 919-323-2616 Dated: November 9th 2014 Views: 915 About Chad: Buying a new house is one of the largest steps a person makes in their life; emotionally, physically...
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When it comes to providing the utmost in personal service to his clients, Peter Kima is on the cutting edge. This family man's demanding work ethic was passed on from his parents. His mother, a first generation German-American, forged a new life in a strange country. His father, who has not missed a day of work since 1972, led by example. Peter does not rest until he's done everything in his power to help you achieve your goals. As a husband and a father, his understanding of the importance of a family's home is reflected in his every move.
When Peter is not helping one of his clients, he can be found volunteering his time running a charity Lobster Bingo event, cooking burgers at the local Fire Station to benefit the children in the community, delivering dictionaries to every 3rd grade student in Wake County with his Kiwanis Club, collecting school supplies for the needy, or ringing the bell for the Salvation Army. His favorite pastime, however, is spending time with his wife, Jennifer, and their two sons, Cole (12) and Camden (9 going on 20!).
Peter has resided in Germany, California, Georgia, Indiana, Massachusetts, North Carolina, Oregon and Vermont. Having lived in North Carolina for over 10 years, Peter refers to North Carolina as home. Don't underestimate the value of Peter's moving experience. He and his team understand the rigors involved in making a family move. Rely on that experience to help you.
I have been helping buyers in the Raleigh Real Estate market for over
"We enjoyed every aspect of working with Jennifer. She was welcoming, extremely knowledgeable about the area and was always kind and professional. We would highly recommend her to anyone in need of real estate services. Kurt & Kathi McCorkle"