Preparing to Buy
Getting Ready to Buy
Before we dive into property tours, it’s important to get financially prepared. A little upfront planning goes a long way in helping you move quickly when the right opportunity comes along—and makes you a stronger, more confident buyer.
Build Your Green File
This is your go-to folder with all the important financial documents a lender will need to assess your buying power. Having this ready early on will help us avoid delays and put you in a better position when it’s time to make an offer.
Here’s what you’ll want to include:- Recent pay stubs
- Bank and investment account statements
- Tax returns (last 2 years)
- Credit card and auto loan balances
- 401(k), life insurance, stocks, and mutual fund info
- Copies of leases if you own rental properties
Check Your Credit
Your credit score plays a big role in what you’ll qualify for—and what kind of rates you’ll get. I recommend checking it early with a reputable lender. They’ll pull reports from all three major credit agencies (Equifax, Experian, and TransUnion) and help us figure out the best plan based on your current profile.
Need a trusted lender? I’ve got amazing contacts I can connect you with, whether you’re buying a home, building new, or investing.
Keep Things Steady
Now’s not the time to make any big financial changes. Try to avoid switching jobs, financing large purchases, or opening new credit cards during this process. Lenders love stability, and keeping things consistent will make your loan approval and closing that much smoother.