Kidding. Y’all know us better than to talk like that. But for real. How often have we heard ....
Stop. Right. There.
Shut. Your. Mouth.
A million times over, yes.
One of the most, if not THE MOST important step during the home buying process is to obtain financing. There are so many different types of mortgages available and each product varies from the amount of money needed down to the acceptable debt-to-income ratios and everything in between. When buying a home, it’s important for you to know for certain what the best mortgage product is that will suit your needs. Little or no money down? Do you want to avoid mortgage insurance? You want to possibly build? What other costs are involved? Whew.... and that is when we are getting into the meat of things. Let's back up and look at a couple of other scenarios that you may not even think about.
POTENTIAL CREDIT PROBLEMS
It’s not unusual for a potential buyer to not know what their credit score is, especially first time buyers. It’s also possible and common that a buyer is not aware of problems with their credit. The most common problem with a potential buyers credit is their score. Sometimes, it could be that they just do not have enough credit (or tradelines as you may hear it termed). There are minimum credit score requirements that each lender has for each one of their loan products. FHA credit scores can be as low as 580! (WHAT THE WHAT?) While some products require 680 and above.
Another common problem is for a Buyer to have an error on their report that they knew nothing about! The process to get errors removed from a credit report can include sending letters to the creditor and the credit bureaus. It can sometimes take a couple of months for it to get corrected on your report and for your score to be readjusted. At the end of the day, as long as you are able to stick it out and do exactly what the Lender tells you to do - you can normally get qualified. Patience is KEY!
I think this is what bothers us the most and why we highly discourage anyone from even scrolling through Zillow or Trulia to look at homes... UNTIL they can get qualified. It can truly eliminate disappointment.
Unfortunately, there are many real estate agents who will show properties to a buyer even though they (or the buyer) have no clue whether they can afford a home or not. This is a dis-service to a buyer more than anybody else. Why? A buyer can “fall in love” with a home, submit an offer, only to find out once they speak with a mortgage lender that they cannot qualify for the home due to credit problems or other reasons. This understandably can leave a buyer upset, heartbroken, and disappointed! This can all be avoided.... how? Right. By getting pre-approved!
There is so much more involved than what we have discussed above. Give us a call today! You will be hand-hold you through the entire process. That's our guarantee!
I have always loved a real tree. One of my favorite childhood memories is of my Daddy, siblings and I going into the woods to pick out a Christmas tree. (Yes. In the woods behind our house. Not the Christmas Tree Farm or Wal-Mart.) The tree was also not the famed White Pine, or Leyland Cypress, but a large, overbearing cedar tree. Non-symmetric, limbs going everywhere. It was the most beautiful tree known to man and we had to have it. So daddy chopped it down and back to the house we went. Now picture it. Our living room ceiling was 8 feet tall with wooden beam/rafters. Don’t you know that tree was waaaayyyy taller than that. So much so, that when we stood the tree up, we had to tie it around the rafters and the top of the tree was pointing back down towards the floor. Talk about a jacked up tree! However! It was our tree. Our REAL Christmas tree that we still talk about every year around this time. So as you guessed it, I am TEAM Real Tree. Fast forward to 2018 and my tradition hasn’t changed. Instead of going into the woods behind our house, our family makes a trip to Cooley Springs Tree Farm in Chesnee, South Carolina every Thanksgiving morning. We take our chain saw, cut it down and head back to the entrance where Mr. Shields is ready to shake the needles from the tree and drill a hole for the tree stand. He then stands it up against a pole that measures the height. Long gone are the days of a 10 foot, Charlie-Brown-on-crack-tree. Now they are more like 5-6 feet. With a perfect point for the tree topper and no “holes”. Afterwards, we head home and start the maddening process of decorating it. Lights are your friend. Preferably, a lot of lights. My 5 1/2 foot tree currently holds 2500 LED Christmas lights. It is probably a fire hazard and NASA is wondering “what that new glow is in South Carolina!” What about you? Are you Team Real or Team Fake?
He is Homeland's newest agent!
Robert comes to Homeland with an extensive background in sales and is Veteran of the United States Airforce.
Given his career experience, as well as his unique approach to client relations, Robert is committed to getting the job done and understands the importance of building long-term business relationships.
Robert is very passionate about real estate and he prides himself on his enthusiasm and work ethic. He thrives on providing exceptional customer service and he always goes above and beyond to give his clients a positive real estate experience.
When he is not working, he enjoys traveling, golfing, fishing and cooking.
We are so excited that Robert decided to join the Homeland family!
Robert is available and eager to assist you with your real estate needs. Contact him today! He is one of the best!
Robert Hawthorne License # 109149