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Home Inspectors:
These are home inspectors that our customers have used
in the past and our naming of them does not constitute
a recommendation.
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Eddie
Lindsey
Quality Assurance
Home Inspections LLC
503 Lake St
Andalusia, AL 36420
PH: 334-222-0975
Cell: 334-343-2810
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Gary
Middleton
Gulf Coast Inspection
251-675-0049
251-454-1238
www.gcimob.com
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Joe
Miller
Advantage Inspection
251-961-1834
800-308-7424
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Chris
Rose
InspectionPlus
334-372-0147
334-566-3792
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the following banks, mortgage companies and mortgage loan brokers have recently closed mortgage loans for our customers:
Bank Trust of Brewton
Contacts: Denise Nolen/Jim Stark
Phone: 251-867-3231 |
Hamilton Group Funding
Contact: Dortch Bush
Phone: 866-675-0022
Email: dbush@erec.net
www.hamiltongroupfunding.net
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Wachovia Mortgage
Contact:: Kimberly Moorer
Phone: 800-239-9210 |
Pioneer Financial Services
Contact: James Deslonde
Phone: 251-867-8200 |
Rural Development
Phone: 334-222-3519 Ext 4 |
Colonial Bank
Contact: Greg Carter
Phone: 251-867-2265 |
Bank of Brewton
Contact: Eddie Nall
Phone: 251-867-5431 |
Regions Mortgage
Contact:
Linda Burch
Phone: 251-867-5483 |
HMC Mortgage
Beckie Mullen
Phone: 850-429-7510
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Allied Home Mortgage Capital Corp
Julie Diep
Phone: 850 420 0933 |
Amicus Mortgage
Contact: Jana Williston
Phone: 877-385-4238
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First Progressive Bank
Contact: Susie Smith
Phone: 251-867-7706 |
United Bank of Flomaton
Contact: B. J. Maher
Phone: 251-296-3449 |
First Exchange Bank
Contact: Shirley Miley/Philip Jennings
251-867-5158
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This list is only for your convenience. Hines Realty Company does not warrant the quality of services, guarantee the work, nor make recommendations from the list.
Mortgage Pre-qualification and Pre-approval
from: ServiceMagic
Why get pre-qualified and then pre-approved for a mortgage before you begin your search for a home? Because there are 3 people who will benefit from your pre-approval: You, your agent, and the seller from whom you eventually buy a home!
You: The most important beneficiary, of course, is you. One of the most common questions new homebuyers ask goes something along the lines of "Please let us know how much house we can afford." We're stumped! Why? There are simply too many variables--credit history, income, debt, special mortgage programs and variations in qualifying guidelines between different mortgage types--to answer that question. The only sure way of getting the question answered is through pre-qualification. The mortgage pre-qualification step is a relatively simple one, but it is an important one. It begins the process of formally applying for a mortgage and it gives everyone involved--especially you--a clear sense of the direction they should be headed.
Your Realtor: By knowing what your financial parameters are, your Agent can spend more time looking for houses that "fit" and less time pursuing dead ends. No matter how much you might want a 4000 square foot home for $275,000, if your qualifications say $125,000, your qualifications say $125,000. When it comes to mortgages, "yes, but" doesn't carry much weight!
The Seller: Want to strengthen your bargaining position? Get pre-qualified. Want your offer to stand out in a case of multiple offers for the same house? Get pre-qualified. Look at it from the seller's perspective. If you had 2 offers on the table for your house, one from a fully pre-qualified buyer and the other from an "I'll get around to that soon" buyer--to which offer would you devote the most attention? Even if the pre-qualified buyer's offer was $1000 less, would you take the chance on the buyer that perhaps may not be qualified? When it comes to a seller evaluating offers, "a bird in the hand..." definitely applies.
It is important to remember that the amount of mortgage you will qualify for is the maximum. It is the amount that the lender feels you can afford, but it is not necessarily the amount that you want to pay. It sometimes is advantageous to be conservative here. For example, if you qualify for a $100,000 mortgage and you have $15,000 available in cash for down payment and closing costs, you are qualified to buy homes with a maximum selling price of $115,000. So as to not push yourself to the limit, you may want to look at homes that sell in the $100,000 to $110,000 range. Too many buyers simply rush off to the $115,000 level and some find themselves strapped when it comes time to purchase necessary items (such as draperies, additional furniture and lawn and garden tools, for example) or when they forget to factor in increases in monthly expenses (for example utilities and maintenance and repair costs).
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