Cristina Marinescu

NVRE BS.0144538.LLC

Las Vegas Realtor®

Home Search Here!             New Construction Homes

Things to Consider Before Buying a Home

• Your Credit:  Getting a loan, the better your score, the lower your interest rate will be. Check your credit history, you can can get one free credit
  

report with each credit bureau (TransUnion, Experian, Equifax) every 12 months at AnnualCreditReport.com, (877) 322-8228 or by mail.

• Your Finances: analyze your income, savings for down payment and closing costs, recurring debts - Debt-to-Income ratio
  

• Qualify for a Loan:  Get pre-approved for a loan before we start looking at homes, to be able to make an offer on the spot.
  

Few suggestions...consult your Mortgage Lender for more information

• Offer is Accepted:  We'll have property professionally inspected, appraised, request repairs, etc.
  

I can help you make an offer that both fits your budget and has the best chance of being accepted. In a negotiation, your REALTOR® is your advocate!

• Signing purchase documents:  Docs are signed at Title Company and recorded with Clark County Recorder. You take possession once is recorded.
  

DO NOT apply & open new lines of credit

DO NOT  co-sign any loans

DO NOT  change jobs or quit your job, become self-employed

DO NOT  change banks or bank accounts

DO NOT make large purchases  (furniture, appliances, vehicles, etc)

DO NOT pay off credit cards or cancel lines of credit or liabillities

DO NOT incur new debt that can increase your debt-to-income (DTI) ratio

Dos and Don'ts When Purchasing a Home!

Don't forget to change your address with post office, change DL, and inform everybody of your move!

• Moving Time!  You bought your new home, it's time to make moving arrangements. You need a moving company, and transfer utilities to your new residence.
  

 DOWN PAYMENT ASSISTANCE programs:Home is Possible, Home is Possible for Heroes, Home is Possible for Teachers, First Time Home Buyers, etc.

• Research:  Consider commute to work, schools, bdrms/baths you need. New construction or resale? Check your Home Wish List to find the right home.
  

Home Buying Process

• Have ready: Loan pre-approval, down payment funds, closing funds
  
• Making the Offer:  When we find that perfect home, I will prepare and present the offer with the loan pre-approval or proof of funds (cash purchase).
  

• Price:  What's realistic and how much home you can afford. I can help you make the most out of your money! Check your House Affordability
  

DO research home buying process

DO know how much money you need for down payment and closing costs

DO have money saved to cover purchase expenses and reserves for several months

DO get pre-approved with a mortgage lender, determine how much home you can afford

DO continue to make payments on time on credit cards, any lines of credit, utilities

Contact me: call/text: (702) 983-4278
email: lasvegashomes8@gmail.com