3. Let us pause and review.

Before you sell or purchase your next home; Let us do a quick review to assure you are confident to move forward.

Real Estate Market Center with your assistants has accomplished the following.

1. Reviewed and discussed your current real estate goals and desires.

2. Spoken with your Mortgage Professional and received all your Mortgage options and Cost.

3. Reviewed and examined your current Mortgage information to maximize your potential savings.

4. Real Estate Market Center entered into our Transaction Model all your Mortgage options and costs provided by your Mortgage Professional. (The Transaction Model provided us with the best way to structure and purchase your new home).

5. Real Estate Market Center created your custom estimated closing statements. (The Statements will promptly provide us with the ability to accurately project your proceeds from your sale and purchase cost of each property that may interest you.

"HELPFUL TIPS" - Mortgage brokers and Lenders will provide you with a pre-approved home price to assist you when searching for a home. This pre-approval price is merely an Estimate. In reality, Mortgage Brokers, Lenders, and Underwriters will use your maximum allowable debt to income ratio (DTI). This debt to income ratio (DTI) will provide them with a maximum monthly payment amount. This payment will include Principle, Interest, Taxes, and Insurance, plus any additional homeowner fees such as HOA/CONDO/CDD fees, etc.

The maximum allowable monthly payment is a more accurate calculation to use when determining a pre-approved purchase Price. (Even though two properties are the same price, the monthly payment can be quite different). This payment amount will help determine if the purchase price and related cost will fall within your desired debt to income ratio (DTI) or your approved amount.

Real Estate Market Center’s “Transaction Model and custom Estimated Closing Statements” can quickly and easily provide all this information for you.

Now we are ready to prepare your sale, purchase, or both. (Go to the Selling and Buying sections for some more helpful tips).