Overcoming the Money Obstacle
Buying Real Estate costs money...... not only are there costs associated with a loan, there are fee's that are not typically included in the loan. First time home buyers definitely have that look of fear in their eyes when they realize it will cost money out of pocket......... that the uneducated buyer is not prepared for. That "unknown" can scare them away from the process of owning a home. How do you overcome this obstacle? What do you say to a potential client who is looking for their first home? I know personally............... when I was looking to buy my first home I absolutely freaked out when I figured out the loan didn't cover the incidental costs...... inspections, appraisals... etc. Let alone the verbiage in the documents scared me out of the transaction. Looking back... I blame my lender and my Realtor. We never sat down and discussed what was involved........ we just took off to look at homes that were in my budget. Now,...