Julie Meinert

There are multiple different vendors to obtain mortgage loans. Banks, Credit Unions, OnLine lenders and Mortgage Brokers. I have found that local Mortgage Brokers have access to many more lending options and know about all the local First time Home Buyers programs. The key is to reach out to multiple sources. Vet their ratings and customer reviews. Prior to obtaining your first Pre-Approval make sure you take the time to "Opt Out" from your email and cell phone being shared by the Credit Bureau Companies. It's similar to the National Do Not Call list but for persons searching for the best lender options. The spam calls can be daunting if you don't opt out. The website is: https://www.optoutprescreen.com/form

Yes, increased mortgage payments can be a surprise. Check to determine if the property taxes or home insurance premiums went up. Tax increases can be appealed if you can prove that your home would not sell for the value the tax assessor has stated. Home insurance premiums can be reviewed with your insurance carrier to determine if bundling multiple policies can achieve a reduction or possibly obtaining higher deductibles on your policies.

If you're truly worried I'd get an inspector so both you and your agent can market the home correctly. There my be minor items you can repair or replace which will make the buyers inspection process smoother. If there is a major item, you'll be able to make a wise upfront decision on how to market, possibly repair and then disclose the issue. Buyers are less hesitant and more confident when they receive detailed information.