Finding And Buying Your Dream Home...

Where do I Start In The Home Buying Process?

► Broker Commissions/Fees: Today's home buyer needs to be aware that most Realtors in Lincoln charge unnecessary fees to home buys. These fees can range from $250.00 to well over $3,000.00. Your Realtor may not disclose this to you until you write an offer. Your Realtor may even ask you to sign an agreement to this effect. Once you sign this type of agreement you are obligate to paying those fees. Osentowski Real Estate Services never charges a commission or fees to buyers. Always ask about BROKER fees before you choose a Realtor.

► Getting Pre-Approved: How much house can you afford? Knowing how much you can borrow will help narrow the search for your new home. Pre-approval means the bank analyzes your current income, debt, assets, and credit history to decide what kind of mortgage payment you will be able to afford. The lender then gives you a document stating your borrowing capability and whether your mortgage can be approved.

► Down Payment: Many recommend that you put down as much as you can for the down payment. Obviously, the more you put down,  the less you will have to borrow. However it is possible to buy a house with no down payment at all. There are a variety of lenders and mortgage programs to fit almost every situation. To find a lender and a mortgage that fits your needs, contact a professional at  Osentowski Real Estate Services .

 ► First-Time Buyers: Many times if you are buying a home for the first time you have little or no money for down payment. There are programs to help you get into a house anyway. NIFA and  Neighborhoods, Inc are two programs that may work for you. To learn more about "First Time Buyer" loan programs and which lenders service these programs contact a professional at  Osentowski Real Estate Services.

► Past Credit Problems: Many times buyers who have had credit problems in the past want to buy a home but feel that their past credit will prevent them from do so. NOT TRUE. We work with lenders who understand these situations and will approve you for a loan. Many times they will provide 100% financing. Start by contacting an experienced Osentowski Real Estate Services agent to help you find a financing program that will meet your particular needs.