Preparing to Buy
Build Your Green FileA green file contains all your important financial documents. You will need it to secure financing for your property. The typical green file should contain:
- Financial statements
- Bank accounts
- Credit cards
- Auto loans
- Recent pay stubs
- Tax returns for two years
- Copies of leases for investment properties
- 401K statements, life insurance, stocks, bonds, and mutual account information.
Check Your Credit RatingYour credit score will have a huge impact on what type of property you can buy, and at what price. It is first recommended to check your credit rating with an experienced lending institution so that we can determine what you can afford. The lender will research your credit ratings from the three credit reporting agencies Equifax, Experian and Trans Union. We will be happy to recommend experienced, knowledgeable lenders in the residential, construction, and commercial and investment real estate fields.
Be Careful With Your FinancesNow is not a good time to make sudden career changes or large purchases, purchase items on a credit card, or open new lines of credit. You want to approach your property purchase from a position of financial stability.
- Ask about our Love it or List it Guarantee! - 8/21/15
- If you don’t LOVE it within 24 months of purchase...
- Check out our new look! - 8/3/15
- Who are we?
Patricia and I want to thank you and the Klein team for making our home search and purchase a smooth and enjoyable process. Being 2,500 miles away during much of the process after our decision, we appreciate that you kept us up to date.Jim G. & Patricia P.
This was such a great process, Chad made everything so easy, especially since we were in Texas and we were able to move in early.Paul, Carrie and Jonas W.
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