Proper Planning for Purchasing a Property: Paperwork
Say that three times fast...By Catherine Sutton
When purchasing an income property, our first thoughts usually revolve around purchase price, after repair value, and rental rates, but there are a number of other nuances we need to keep in mind when purchasing a property such as:
• Pre-approval does NOT mean you are approved
• Who are you?
• Paperwork required during the mortgage application
• What lenders require
• Closing costs you should be aware of
Watch Judi and I discuss below and be sure to take advantage of the Checklist we've provided:
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About the Author
Catherine Sutton
Keyspire Success Coach, Catherine Sutton, has over 28 years experience in the financial investment industry and as a real estate investor. She has also been a licensed Realtor. Having owned, flipped and rented several homes, new builds are her preferred property group and home staging is a favourite activity.
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