Can my parents help me with my down payment to buy a home - Gift funds explained

Home Buying First Steps

What are my first steps to buying a home?

?? Thinking of Buying a Home? ?? So, if you have been thinking about buying a home but not really sure what your next step is… this is for you. The realty is the market is a bit tough out there for buyer and having a solid plan can make the difference of losing out on THE house or even just save you from seeing a bunch of a homes that are not a good fit. So what is that next step? Great question. Glad you asked. It’s simple, schedule a free strategy call with me. No obligation, and not a big sales pitch.

Avoid this common home buying mistake

?? Avoid this Home Buying Mistake ?? One home buying mistake I see almost every home buyer make is easily avoided. What is it… You will never guess; it’s starting your home search before knowing if you are in the sweet spot! By sweet spot I mean, do the types of home you are looking for in your budget exist? I have an easy exercise for you. Look at all the homes in your ideal wishlist that have sold in the last 90 days. If you can pick 3-5 homes out from that list that you would have considered you know yo

Buying a home and using the wrong Realtor may cost you thousands of dollars!

?? Thinking of Buying a Home? ?? So…. Who you work with can make or break the home buying experince. In fact here I a little known secrete, the top 1000 agents or so in Maryland sell over 70% of all the homes in MD! This is true at the county level as well. The truth is, getting a real estate license is easy to do, but truly representing clients and selling home month after month takes a lot of work. Why do you care - The reality is the top agents want to work with other top agents because they know the

Buying a home and using the wrong Realtor may cost you thousands of dollars!

Gift funds. Gift funds are monies that are going to be given to the borrower to go towards that individual's down payment or closing cost. Now those funds will have to be sourced, meaning that we will have to show where those monies came from. In that case, we would have to get either a bank statement or some type of document from the bank showing that the gift funds that have been given to the borrower have been sourced. In addition to that we'll also need a gift letter. Now the gift letter is typically provided by the bank, but the borrower will need to fill it out and then both parties will need to sign off on the gift letter as well. So it's important that you get the gift, but it's more important that the gift can be sourced by the bank.

Home Buying Tips

A standard seller - what you need to know when making an offer

A standard seller or happy home owner - what you need to know when making an offer

View

an unrealistic seller can be a difficult seller or one to just skip on.

an un realistic seller can be a difficult seller or one to just skip on.

View

Avoid this common Home Buying mistake

Learn how to avoid this common mistake many home buyers make when just starting out.

View

Avoid this mistake when buying a home!

View

Buy a coming soon listing or off market property

View

Buying a home and using the wrong realtor can be a nightmare

Buying a home and using the wrong realtor can be a nightmare. Instead let's talk about how to find a great agent.

View

Buying a home that you will love - Buyer IC Intro

View

Can i avoid being in a bidding war when buying a home

Can i avoid being in a bidding war when buying a home? Maybe, sometimes it's a matter of going in strong before the property goes active.

View

Can my parents help me with my down payment to buy a home - Gift funds explained

View

Closing costs in a normal market

Closing Costs in a normal market

View

Costs you need to know about when buying a home

Costs you need to know about when buying a home in the Maryland area

View

Do we know of any off market listings?

View

Estate sales and new constructoin are the 4th types of sellers.

View

Financial Terms Glossary

An explanation of commonly used terms in real estate during the buying process.

View

Getting a lower interest rate on your loan by paying discount points

Getting a lower interest rate on your loan by paying discount points.

View

Home Buying

#1 Resource to buy a home in the greater Annapolis Maryland area. Learn top tips and tricks to purchase a home in Anne Arundel County and the surrounding area.

View

How we work with you to help you buy a great home

View

I am afraid of being in a bidding war when buying a home

I am afraid of being in a bidding war when buying a home. Is there a better way?

View

I want to buy a home but i am afraid of paying too much and a being in a housing bubble

View

I want to buy a new home, what do i need to know?

View

initial consultation intro

Home Buying Initial Consultation with Caprika Realty

View

Mortgage Calculator

Mortgage Calculator - Estimate Mortgage Payments

View

Mortgage Pre-Approval

Get Pre-Approved for a Home Mortgage - Financing

View

Personalized Home Search

Greater Annapolis Area Homes for Sale - Personalized Home Search

View

The Home Search Phase

The Home Search Phase of the home buying process explained by Brendan Spear of Caprika Realty

View

We are in a housing market of extremes and have been for a long time

View

We are in an on demand housing market

We are in an on demand housing market and have been ever since the early 2000's.

View

What are my first steps to buying a home?

What are my first steps to buying a home? Before doing lots of window shopping or going to open houses, I suggest you jump on a strategy call with a great agent to talk about a game plan. This will help make your life easier.

View

What are our roles as your buyer agent

What are our roles as your buyer agent to help you purchase a home

View

What do i need to bring to settlement day when buying a home

What do i need to bring to settelment day when buying a home

View

What is a foreclosure - what you need to know

What is a foreclosure - what you need to know when buying a REO property

View

What is a short sale - know the type of seller you are goign to write an offer on

View