Preparing to Buy

Smart Moves Start with Preparation.

Before you step into the market, it’s essential to set the stage for a successful buying journey. This is your moment to prepare strategically because buying real estate isn’t just a purchase, it’s a power play for your future.

Build Your Green File: The Foundation of a Smooth Transaction

A green file is your financial readiness kit, an organized collection of key documents that lenders and professionals will need to assess your buying power. Having this prepared ensures you’re a step ahead in a competitive market. A well-prepared green file typically includes:

• Financial statements
• Bank account records
• Investment summaries
• Credit card information
• Auto loan details
• Recent pay stubs
• Tax returns (last two years)
• Leases for any investment properties
• 401(k) statements, life insurance, stocks, bonds, and mutual fund details

Getting these documents in order shows you’re serious and ready to move fast when the right property appears.

Understand Your Credit Impact

Your credit score holds the keys to your buying options affecting what you can buy and at what price. Get a clear picture by checking your credit report with major bureaus like Equifax, Experian, and TransUnion. We can recommend trusted lenders who will guide you through pre-approval, ensuring you know exactly where you stand. Whether your goals are residential, investment, or commercial, a solid credit profile unlocks opportunities.

Protect Your Financial Position

This isn’t the time for big, risky moves. Hold off on major purchases, career shifts, or large expenses that could affect your financial profile. A stable financial foundation is your leverage when it’s time to make a powerful offer and it ensures you’re seen as a qualified, prepared buyer.