Jeff Hansen & Arvin Paredes

408-657-9837

Downtown San Jose Condo & Townhouse Living

1 Valuable Tip When Buying A Home

There are a lot of things to be aware of as a buyer.

Turnkey Mortgage

If you’ve ever bought a home, you know that there can be unexpected hurdles throughout the process. If you haven’t bought a home, well now you know. There are many steps to take throughout the experience such as: negotiating on the price of the actual home, documents needing to be signed, ordering inspections, the funding of the loan…etc. The goal is to produce a successful transaction with as few complexities as possible. The biggest hold-up during the purchase of a home can be the funding of the loan. In this day in age, banks have many requirements and strive to eliminate any risks when making loans to buyers.

David Setti, of Turnkey Mortgage Solutions, wrote a great article that talks about one valuable tip when buying a home. The article explains why a buyer should be careful with large deposits when buying a home.

“The key thing to remember is that anyone applying for a mortgage should avoid depositing any money that they cannot provide a paper trail for during the home buying.” -David Setti

To be better prepared as a buyer, click here to read more about how to save yourself some stress during the loan part of the transaction. If you have any questions about what the buying process is like and consists of, please don’t hesitate to contact me.

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