Home Buying

Home Buying LoanWhether you are a first-time home buyer, buying your next home, or are thinking about a vacation home or an investment property, we are here to help!  Donna and the CrossCountry Team will ensure that you get the right mortgage that fits your financial situation and will guide you through the whole process from start to finish.

The very first step in the process is to see if you qualify for a mortgage and if so, how much you qualify for. This is called the pre-approval process. We will examine your financial situation and discuss your financial goals and your mortgage options. Getting pre-approved is very important because it helps you narrow your search to properties you can afford and also shows the realtor and sellers that you are prepared and serious about buying a home.

Benefits of Home Ownership:

Pride of Ownership – This is one of the top reasons why people choose to own a home. Owning a home gives you the freedom to decorate your home and add amenities according to your tastes, making a home “your home.” It provides you with a sense of pride and accomplishment.

Tax Benefits – Owning a home offers you big tax breaks. Your mortgage interest and real estate taxes are usually tax deductible, which can save you a significant amount of money. (Please consult your tax advisor regarding deductions.)

Appreciation – The value of your property increases over time. Even though home values are in constant fluctuation, real estate property has consistently appreciated throughout history. Many homeowners view their home as a safe investment to help protect them from inflation. Appreciation also helps build home equity.

Home Equity – The principal portion of every mortgage payment you make increases your equity in your home. You can potentially borrow against your home’s equity when needed for various reasons such as home improvement, debt consolidation, or anything else that you might need to finance.