Buying Real Estate

How do I determine the price range that will work for me?

1. What is your gross monthly income (before taxes and deductions)
2. Multiply gross monthly income by .28. This works out to be about ¼ of your gross monthly income.
3. This figure will indicate the largest monthly mortgage payment you can qualify for.
   Suggestions: Don’t incur any new debt. A lender will look at your debt to income ratio.
   Get a credit report on yourself so you can correct any errors if necessary.

6 Reasons to use a licensed Realtor to help you find and buy a home.

• We help you determine the price range you would qualify for.
• We can access important information on all properties that are listed in your area.
• We set up showing appointments to get you in to see the homes that interest you.
• We complete the necessary paperwork associated with your transaction.
• We maintain communications with the seller’s agent so transactions go smoothly.
• We accompany you to the closing and answer questions you might have.
• There is no cost to buyers for using our services.