SHOPPING FOR YOUR HOME

KIM HOLT IS MY AGENT

SHOPPING FOR YOUR HOME

YOUR CONSIDERING BUYING A HOME

AN EXCITING TIME

10 THINGS YOU SHOULD DO 1. GET A REALTOR

2. GET A MORTGAGE PRE-APPROVAL

3. LOOK AT HOMES

4. CHOOSE A HOME

5. MAKE AN OFFER

6. GET HOME INSPECTION

7. GET AN APPRAISAL

8. GET FUNDING

9. GET INSURANCE

10. CLOSE ON YOUR NEW HOME

WHAT TO DO FIRST ?• DO I HAVE A STEADY INCOME - I JUST GRADUATED ?

• KNOW YOUR FINANCIAL SITUATION

• DO I HAVE A GOOD RECORD OF PAYING BILLS ?

• DO I HAVE A FEW OUTSTANDING LONG-TERM DEBTS ?

• I HAVE STUDENT LOANS , CAN I STILL PURCHASE ?

• DO I HAVE MONEY SAVED ? OR CAN I USE A GIFT?

• DO I HAVE THE ABILITY TO PAY A MORTGAGE EVERY MONTH, PLUS ADDITIONAL COST ?

PURCHASE OR RENT • BUY RENTING YOU ARE FREE OF MOST RESPONSIBILITIES

• LOWER INSURANCE PREMIUMS

• ABLE TO RELOCATE EASIER

• BUY PURCHASING YOU THE ARE BENEFITS

• BUILD EQUITY

• TAX DEDUCTION

WHAT’S AVAILABLE TO ME• SHOP FOR A HOME WHISH LIST - WHAT FEATURES DO YOU WANT?

• HOME-SHOPPING CHECKLIST? TAKE THIS LIST WITH YOU WHEN COMPARING HOMES

• HOMES FOR SALE (INCLUDING HUD HOMES)

• FIXER UPPERS- HOME PURCHASED AND REPAIR PROGRAMS ARE AVAIL

• DOWN PAYMENT ASSISTANCE PROGRAMS

• GA DREAM $5,000 DOWN PAYMENT ASSIST • MUST INCOME QUALIFY 1-2 PERSON LESS THAN $69,000 / 3 PERSON LESS THAN $79,000

• GOOD NEIGHBOR NEXT DOOR PORGRAM • TEACHERS

• OFFICERS

• NURSES

• FIREFIGHTER

FINDING A HOME • MANY PEOPLE START SEARCHING FOR A HOME ON THE INTERNET NOW

• LOCATE AN REALTOR TO HELP YOU WITH YOUR HOME SEARCH

• KNOW WHAT AREA YOU WANT TO LIVE IN

HOW DO I CHOOSE ?• FIRST KNOW WHAT TYPE OF HOME DO I WANT

HOME

CONDO

TOWNHOME

• PICK THE AREA THAT CLOSE TO YOUR SOCIAL CIRCLE

COMPARE AND CHOOSE • WHEN POSSIBLE TAKE AS MANY PICTURES AS POSSIBLE

• LOOK AT AS MANY HOMES AS YOU CAN – AT LEAST 15

CONTRACT TO CLOSE • MAKE AN OFFER

• YOU AND YOUR AGENT DECIDE ON AN OFFER PRICE

• WHAT IS EARNEST MONEY?

• GET AN INSPECTION

• GET AN APPRAISAL

• HOME WARRANTIES

• CLOSING TABLE

PALMER HOUSE PROPERTIES & ASSOCIATES

THANK YOU KIM HOLT

PALMER HOUSE PROPERTIES & ASSOCIATES

404-388-0569

WWW.KIMHOLTISMYAGENTC.COM