Watson Realty Referral

Home Buyer Guide

Realtor Sales Associate • As a Watson Real Estate Associate I am here to guide you

through the many steps of buying a home. At Watson

Realty we work as a team to insure you are satisfied with

our expertise and understanding of your real estate needs.

Duval Cty, St. Johns Cty, St Johns Town

Center, Amelia Island, Orange Park, Ponte

Vedra, Beaches Areas, etc.

Listings are available in

All Jacksonville

Locations

Know your budget and

what price range you

would like to stay within • Get an approval for a mortgage from the bank

• W-2 forms for the past 2 years

• Federal Tax Returns for the past 2 years

• Last 2 months bank statements

• Long term debt information such as credit

cards, auto loans, etc.

Getting Approved • A lender will check your credit to see if you can afford the

loan

• If your credit is poor, there are things you can do to

improve it

• Make sure the report is correct. If not, call to fix it.

• Begin to pay your bills on time.

• Use two to four credit cards

• Keep an accurate checking and savings account

• Show job stability for a few years

Pre-approved vs Pre-

Qualified

• Pre-approved: confirmation the lender will give you a

commitment to loan you the money for the mortgage

• Pre-qualified: an estimate of what you can afford

• Being pre-approved makes you look better to the seller

when making an offer

Which Mortgage Should

you Take Fixed Rate Mortgage: the interest rate stays the

Same for the entire term of the loan

Adjustable Rate Mortgage: the interest

rate is linked to a financial index and may

fluctuate with market conditions.

Therefore, payments may change over the

life of the loan

Your Budget Calculation

To estimate your budget, add up your total financial

Worth and then subtract all the cost in the purchase

Some expenses you may carry:

• Down payment

• Mortgage

• Insurance

• Points

• Taxex

• Attorney’s fees

Now You’re Ready for

More Action Before you search for the home of your dreams, these

are some of the things you should consider:

• The neighborhood you want to live in

• Size of the property

• School system

• Public transportation’\

Multiple Listings Open Houses & Special Features

• As your Watson Realty Sales Associate, I can show you

every home available on the market that suits your needs

Online Access

http://www.watsonrealtycorp.com/

Provides access to a huge number

Of properties that you can take a look st.

Writing the Offer

Once you’ve found the perfect home, I will

Write up the offer and make sure all

paperworkAnd other activities are completed

so you can close on your property

The Closing

This is the meeting where the transaction is finished. I will guide you through this important procedure to make owning your home official

Watson Realty Referral

Home Buyer Guide

Visit my website at

www.mlrogersjax.com