Donovan Smith - Owner / Realtor
Penny Smith - Owner / Realtor
Buying a home can be exciting yet overwhelming. Let us help you with your questions about the process.
We will arrange for you to select from several banks or mortgage companies. Their loan officers will use details about your credit, income, assets, and debts to arrive at an estimate of how much mortgage you can afford. THIS PROCESS IS USUALLY FREE, completely private and takes minimal time.
When determining your ability to qualify for a mortgage, a lender looks at your “debt-to-income” ratio. This is the percentage of your gross monthly income that you spend on housing expenses, and your consumer debt, such as car payments, credit cards, student loans, etc. You may use our mortgage calculator to determine an estimate of how much you can afford. CONTACT KY HOMEFINDERS FOR ASSISTANCE IN THIS PROCESS.
2. Selecting a Home
When you begin looking for a home, you should consider the following:
Where do you want to live?
What type of home do you want?
What features of a home are absolutely necessary to you?
Take some time to gather your housing needs and put your “wish list” on paper. Now you’re ready to begin your search.
House-hunting can be very confusing and tiring. Let us make your home search experience faster, easier and less stressful. KY HOMEFINDERS will gather [and review with you], timely information on listings in the area that meet your needs. Contact a KY HOMEFINDERS professional to begin your home search.
3. Making an Offer
To determine your offer, your KY HOMEFINDERS professional will compile a FREE COMPARATIVE MARKET ANALYSIS for you. This is a comparison of recent sales of homes that have similar criteria to the home you are looking to purchase. Once you have established the market value, you’re ready to write an offer.
Your KY HOMEFINDERS professional will prepare the paper work and present the offer to the seller or the seller’s agent. The seller will either accept, reject or counter your offer. You may either accept, reject, or make an additional counteroffer.
When both the seller and buyer agree to the terms and sign the document, it becomes a valid contract.
KY HOMEFINDERS WILL COORDINATE THE CLOSING TIME, DATE, LOCATION, ETC, AS WELL AS REVIEW ALL DOCUMENTS. WE WILL MAKE SURE ANY QUESTIONS YOU HAVE ARE ANSWERED SATISFACTORILY.
KY HOMEFINDERS, LLC, 124 W. Main St., Vine Grove, KY 40175
Robert Lynch-Broker / Builder