For Buyers
So you are thinking of buying a home?
Let The KOOR Group be your guide!
Purchasing a home is one of the biggest decisions of your life. We will make sure that you are aware of all the information for your big decision. We are ready to guide you through every phase of the home-buying process and are here to advocate for our clients.
Why Buy?
1. Quality of Life
2. Tax Deductibility of Mortgage Interest/Property Taxes
3. Wealth Building
4. Once in a Lifetime Exclusion
5. Equity vs Rent
6. Pride in Ownership
7. Freedom/Goodbye Landlord
8. Investment
9. Cost of Renting vs. Owning
What Can I Afford?
There are three key factors to consider:
1. The down payment -
Most loans today require a down payment of between 0% and 20% depending on the type and terms of the loan. If you are able to come up with a 20% down payment, you may be able to eliminate mortgage insurance.
2. Your ability to qualify for a mortgage -
We will introduce you to our lending partners who will be able to determine your buying power. Your mortgage payment to the lender includes the following items:
The principal on the loan (P)
The interest on the loan (I)
Property taxes (T)
The homeowners insurance (I)
3. Closing costs associated with your transaction -
In addition to your down payment, closing costs are required to buy a home. Let us talk you through the process of closing costs.
Which Neighborhood?
Finding the best community for you is crucial. Neighborhoods have characteristic personalities designed to best suit all types of people and personalities.
Drive through the neighborhood on a weekend!
It is important that you see the neighborhood and understand what it looks like
Talk to people who live there.
Pay attention to how others take care of their homes.
There are so many clues as you scan a community.
Making An Offer
Relax, this is why you have us to work for you! We will be here to guide you every step of the way. From pre-qualification through closing, our team is honored to help!
New Construction
Why use an Agent to purchase a new home?
Have we mentioned yet that The KOOR Group has a combined 20 years in NEW CONSTRUCTION experience? That’s right, our members have extensive new construction knowledge and understand the market for new builds. If you are ready to build your dream home, rest assured we know how to guide you throught that process!
The builder has an onsite representative who works directly for the. It is important that you also have an expert in new construction working on your behalf to ask the right questions. Building a new home is a complicated thing and we are ready to help you and make the process simpler.
