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Buying a Home
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First Steps
   
  1. Determine your budget and how much you can afford.

  2. Get pre-approved for a mortgage
 
Pre-Approved or Pre-Qualified, Which is Best?
 
  • Pre-Qualified: an estimate of what you can afford

  • Pre-Approved: confirmation the lender will give you a commitment to support your purchase.  Pre-approved makes you a more attractive candidate to the seller when making an offer.
   
Financing
   
  • 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.  As such, payments may vary over the life of the loan
   
Finding the Right Property Using Multiple Listing Service (MLS)
   
  We can show you every home available on the market that meets your specifications.  MLS is the system used by real estate professionals daily to update properties and is THE most current and up to date listing of properties. Click here to search multiple listings
   
Presenting an Offer
   
  We will write up the offer and ensure all paperwork and activities are completed so you can close on your property.
   
The Closing Process
 
 

We will guide you through all closing procedures to make your home officially yours.


Coldwell BankerMember of National Association of Realtors Coldwell Banker Coastal Properties
geraldcaffrey@bellsouth.net
Charleston MLS
© Copyright 2006 The Caffrey Group. All rights reserved.