Great! You have made the decision to start your journey to ownership.

BUILD YOUR GREEN FILE.

A green file contains all your important financial documents. You will need these documents. You will need it to secure financing for your property. The typical green file should contain:

• Financial Statements

• Bank Accounts

• Investments

• Credit Cards

• Auto Loans

• Recent Pay stubs

• Tax Returns (Past two years.)

• Copies of Leases (Investment properties.)

• 401K Statements, life insurance, stocks, bonds, and mutual account information

CHECK YOUR CREDIT RATING

Your credit score will have a huge impact on what type of property you can buy, and at what price. It is first recommended to check your credit rating with an experienced lending institution so that we can determine what you can afford. The lender will research your credit ratings from the three credit reporting agencies; Equifax, Experian, and TransUnion. We will be happy to recommend experienced, knowledgeable lenders in residential, construction, and commercial real estate.

BE CAREFUL WITH YOUR FINANCES

Now is not the time to make sudden career changes or larger purchases. You want to approach your property purchase from a position of financial stability.