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  • Financing Your Tucson Home

    Posted on June 2nd, 2009 Sarah Ley No comments
    “Sarah Ley can help recommend qualified lenders to you when financing your home.”

    Your home purchase may be the largest purchase you ever make in your lifetime. When it comes to financial matters, it is important to do your homework and be sure you are comfortable with the process. There will be many people offering you advice on how to best finance your home, but make sure you shop around enough to feel confident that you are making informed decisions that are right for you. Sarah Ley can help recommend qualified lenders to you from a portfolio of experienced professionals she has worked with, in order to facilitate a seemless and worry free transaction.

    In order to understand all of the closing costs charged by a lender, your lender is required to give you a Truth in Lending Disclosure Statement, which is a good faith estimate (GFE) listing all of the borrowing-related costs that you will incur by financing your home. These extra costs can include: loan origination fees, appraisal cosst, inspection fees, and an application and/or a credit report fee. These fees can total thousands of dollars, so make sure to pay attention, and don’t be afraid to ask for clarification if there is a cost or fee that you are not clear on. Some lenders are able to finance in a part of the closing costs, if you find that it is necessary, and Sarah can help you best structure this in the purchase contract so that it will be acceptable to the seller and your lender.

    Sarah Ley’s website has helpful Financial Tools avaiable in order to help you make informed decisions about financing your home. Please contact Sarah to discuss in greater detail the financing of your largest asset.

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