Preparing To Buy

Build Your Green File.

Before you start shopping for your property, it is a good idea to make some preparations.

A green file contains all your important financial documents. You will need it to secure financing for your property. The typical green file should contain:

Financial statements

Bank accounts

Investments

Credit cards

Auto loans

Recent pay stubs

Tax returns for two yearsv

Copies of leases for investment properties

401K statements, life insurance, stocks, bonds, and mutual account information.

Check Your Credit Rating.

Your credit score will have a huge impact on what type of property you can buy, and at what price. It is first recommended to check your credit rating with an experienced lending institution so that we can determine what you can afford. The lender will research your credit ratings from the three credit reporting agencies Equifax, Experian and Trans Union. We will be happy to recommend experienced, knowledgeable lenders in the residential, construction, and commercial and investment real estate fields.

Be Careful With Your Finances.

Now is not a good time to make sudden career changes or large purchases. You want to approach your property purchase from a position of financial stability