It’s a very exciting moment any time someone purchases a home. It’s a big undertaking, but it is a happy one too. For homebuyers, it’s a dream come true. And for Realtors, it’s a chance to help a client with one of life’s most important transactions while also building their real estate business. Either way, every home purchase is significant.
Buying a home means having a place to hang your hat and lay your head, while also giving you a place to cultivate relationships with family and friends. Owning property, though, is also a financial investment.
In fact, many homeowners have built up a great deal of wealth by consistently paying their mortgage on time. As the mortgage is paid down, equity is often built up that can be used numerous ways to accomplish financial goals.
Most people use a mortgage to buy a home, since few of us have the money for a cash purchase.
There are several different types of mortgages, all of which have significant financial consequences. And often times, homebuyers qualify for special mortgage programs like a VA, FHA, or USDA home loan. As a result, consumers who take time to learn about mortgages, while seeking counsel from a reputable mortgage originator, can safe a great deal of money over the life of a home loan.
To learn more, see:
Realtors are one of the most important parts of a homebuyer’s team. A good Realtor can make the mortgage process faster and easier, so as mortgage brokers we are diligent to do everything we can to help them succeed.
When homebuyers don’t already have a Realtor, and talk to us for a Mortgage pre-approval or pre-qualification, we take time to educate them about the importance of using a real estate agent to purchase a home.
To learn more, read 4 Reasons You Should Use a Buyer’s Agent to Purchase Real Estate.
Importance of a Mortgage
Getting a home mortgage is one of the most important things many of us will do, because a mortgage allows us to buy a home.
Not only is a home a place to live and foster the most important relationships, a home is a financial investment that can provide the money we need later in life.