Buying a House With a Wish List

Part of the Video Series Income, Credit & Home Loans: Buying a House

Viewing videos requires the latest version of Adobe's Flash Player.
Get the latest Flash player.

Create a wish list when buying a house. See why in this free real estate video.

Contact: http://myspace.com/slowtrainmusic

Rating:
Views: 630
Comments: 0 (comment now)

Favorited: 0 | Add to Favorites

Tags: money, real estate
Bookmark at:

All Videos in the Series, Income, Credit & Home Loans: Buying a House

Member Comments

Video Transcript

Buying a House With a Wish List
Hello! My name is Brett Staggs and on behalf of Expert Village, I am going to be telling you how much you can afford for a first time home buyer. When applying for your first home loan and you are trying to figure out how much house you can actually afford, a very important step to take and probably one of the first steps to take, is to create a wish list. A wish list is basically everything you want in your first home. How many bathrooms? How many bedrooms? As full of a wish list as you can, make sure you talk to your Realtor and say this is what I want in my home. Try your best to find a house like this please. With that wish list, whatever house meets up closely to that wish list, however much that house costs, you will have an idea .Okay, all these things on my wish list go to a house that is a little too expensive for me, so what can I live without. Start crossing off things that are the least important to you on your wish list and then keep going back to your Realtor and saying let's try this. Let's try to look for a house with only these few items on it for a wish list and get down to your price range. So wish lists can be very useful and important in getting your first home loan.

About the Expert

Expert: Brett Staggs has worked in the mortgage industry for 6 years, with a title company, a credit reporting company, & two banks, where he was a loan processor, taking loans from application to closing. Read More