Pre-sale inspectionIf you love the home, inspect before you make an offer or sign a contract. Worst case scenario, you spend a few hundred dollars delving deeply into a home you don’t purchase.
ALTERNATIVE TO THE 20 PRECENT DOWN PAYMENT
Many of the money conscious clients I've come in contact with recently have relayed their intent to put 20% down to avoid paying PMI (private mortgage insurance). A great alternative to a 20% down payment is the option of prepaying the mortgage insurance premium at closing. Prepayment of PMI is normally less than 5% of the sales price, it is an eligible tax deduction and most importantly you can reach your home purchase goal a lot sooner.
Feel free to give me a call to discuss this alternative in detail.
Don't have funds for a down payment? Call me to discuss alternatives for you too.
United Real Estate
803 607 2400 (cell)