1	The Road To Owning With
2	Am I Dreaming? Right NOW is the best time to be a homebuyer! No Down Payment? No Problem! Grants, Down Payment Assistance Programs, and Low Income Financing is Available!
3	Myth vs. Fact There are a lot of myths and facts floating around the housing market. How do you know what’s a myth and what’s fact?
4	Myth: The Market is Bad… This is the most common myth. Real Estate is back to normal! 2007 was, historically speaking, only the fifth slowest year since real estate sales were tracked starting in the mid 1900’s.
5	Myth: It’s Too Expensive… Homeownership can be very affordable! With increased demand for apartments or rental housing, you can own for the same as rent. Do you need to be cautious with your purchase? Absolutely! Is real estate a bad investment? NO!
6	Myth: It’s Too Hard Applying for a mortgage is not much different than for an apartment, car, or any other loan. It’s important to find a loan officer who is knowledgeable and trustworthy. A good loan officer will make the process very easy for you!
7	Myth: I Need A Down Payment Honestly? This one is true for SOME. For MOST, there is: Down Payment Assistance Government Financing Grants Need A Down Payment? We can Help.
8	And a Definition… You may have heard that it’s a buyer’s market. What does that mean? A buyer’s market simply put means there are more properties on the market than buyers looking. So What? Being a buyer in a buyers market can mean a better price, more options, and more house for your money typically!
9	So Now What? First things first… Talk to us! Ivory Street Realty has combined experience of over 30 years in the industry. With just a few simple questions, we can help pin point a price range and estimated payment that fits YOU and your needs!
10	Step Two… Mortgage Banker After your initial Meeting with us, upon your request, we will provide your information to one of our preferred lenders. They will contact you to fill out your application. This may be done over the phone, in person, by fax, or on a secure website.
11	Do I need to Bring Anything? Your loan officer may ask for your last year’s W-2 or tax returns, the last two bank statements for all accounts, and the last month of paystubs. Your loan officer may request additional items throughout the approval process.
12	What’s Next? Once you have completed your application, your loan officer goes to work! They will search out the best rate, programs, and loan terms for you. Then you get your “golden ticket” – your pre- approval letter! This is when the fun begins for you!
13	The Golden Ticket… Your pre-approval will also be provided to Ivory Street Realty. This lets us know you are ready to look at homes! The pre-approval letter will include the price range of homes to look at. We will use that, along with the criteria you said you were looking for, to create a list of homes that fit.
14	Choices, Choices… There are two options depending on your pre-approved price range: new and existing. Each have a different process and options. The end result is the same: once you have your pre-approval, you look for and choose the best home for you.
15	It’s Just Right! Now that you have found the home that is right for you, a purchase agreement is written. This will include your offering price, closing date, and anything specifically pertaining to the home.
16	Start Packing! Your offer will now be presented to the seller for signatures. Once all terms have been agreed upon, get ready to move!
17	What about the mortgage? When your offer is accepted, Ivory Street Realty will provide the purchase agreement to your loan officer. Your loan officer will get the final approval on your application, and get everything ready to close.
18	Do I need anything for closing? Once the closing time has been scheduled, you will receive a notification. It outlines what items you need to bring with you: 2 forms of ID, a cashier’s check for your down payment if necessary, insurance binder, etc.
19	Closing Day! The big day is here! The closer will explain all of the documents you sign. Everything is based on the purchase agreement and your mortgage application. Closing typically takes 1-2 hours.
20	Congratulations! You own a home! Contact us to see how easy it really is! Email Paul Belkholm, Broker: paul@ivorystreet.com Call us at: 763-552-8111