• Sub Banner Image 1

Let’s Find Your Perfect Home

Choose a Topic Below for Important Buyer Information

Search Homes For Sale Sell a Property

Griffith Real Estate Getting Ready To Buy

Purchasing a property is probably one of the biggest financial decisions you will ever make. Regardless of whether you are a first time home buyer or experienced investor, you must make careful decisions throughout the buying process. Below are some things to consider before you buy.

Why Are You Buying?

Are you tired of paying expensive rent or simply outgrown your current home? Are you looking for an investment property? Having a clear sense of your “why” behind a new purchase will help you evaluate the right factors and choose the best property.

Are You Ready to Invest?

Property ownership has been one of the top strategies for building wealth - and still is! Whether it’s your first home and you’re building your first asset, or looking for a rental property, it’s a great time to invest. Property investments are also some of the most stable assets to build and don’t carry the risk like other forms of investment, such as stocks or collectibles.

When you are ready to get started, call us at 219.218.6804 or complete this short form and one of our agents will be in touch.

Other Things To Consider

Get Your Financials in Order

Now is not a good time to make sudden career changes or large purchases. You want to approach your property purchase from a position of financial stability. Large purchases or loans can affect your credit and balance sheet in a way that can limit your buying options. Your credit score will hold a significant impact on the type of property you can buy, your interest rate and overall property price. We can work with one of our preferred lenders to get an updated credit to know exactly where it stands. The lender will research your credit ratings from the three credit reporting agencies Equifax, Experian and TransUnion. We are happy to recommend seasoned, knowledgeable lenders in the residential, construction, and commercial and investment real estate fields.

Organize Your Finances

When it’s time to make an offer, you’ll want to know you’re fully prepared to close the deal. In order to avoid delays, bidding wars, or conflicts, preparing your finances is crucial.

  • Bank accounts
  • Recent pay stubs
  • Check Your Credit Rating
  • Financial statements
  • Investments
  • Tax returns for two years
  • Credit cards
  • Auto and other loans
  • Copies of leases for investment properties
  • 401K statements, life insurance, stocks, bonds, and mutual account information

Prequalify

Pre-qualifying for a loan will help you with the following:
  • Finding the ideal price range you can afford
  • Determining what your monthly payment will be
  • Understanding the different loans you qualify for
  • Estimating the down payment and closing costs

Get In Touch

Areas We Serve

  • Griffith
  • Highland
  • Munster
  • Hammond
  • Merrillville
  • Whiting
  • Cedar Lake
  • Crown Point
  • Lake Station
  • Schererville
  • Dyer
  • St John
  • Hobart
  • Valporaiso
  • Chesterton