Getting Ready to Purchase

Build Your Green File

● Organize Important Documents: Before you start shopping for your property, it’s essential to prepare by

building your green file. This file should contain all your important financial documents needed to secure

financing for your property. Typical items to include are:

● Financial statements

● Bank account information

● Investment details

● Credit card statements

● Auto loan information

● Recent pay stubs

● Tax returns for the past two years

● Copies of leases for any investment properties

● 401(k) statements, life insurance policies, and details on stocks, bonds, and mutual funds.

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Check Your Credit Rating

● Understand Your Financial Standing: Your credit score significantly impacts the type of property you can buy and the price you can afford. It’s advisable to check your credit rating with a reputable lending

institution to determine your purchasing power. The lender will review your credit ratings from the three

major credit reporting agencies: Equifax, Experian, and TransUnion. I can recommend experienced and

knowledgeable lenders in residential, construction, commercial, and investment real estate.

● Be Careful With Your Finances

● Maintain Financial Stability: Now is not the time for sudden career changes or large purchases. It’s crucial to

approach your property purchase from a position of financial stability to ensure a smooth transaction.