Get Organized!
February 11, 2010 8:34 am Book, First Time Home BuyerOne thing that really helped me through the purchase of my first home was to be organized.
It is very common to meet people with a great idea, “I want to buy a home.” But they seem to be basing all their purchase on thoughts in their head. So it is very common for me to hear people ask their better halves, “How much was that fireplace again?” or “Where did you put the <insert key piece of paperwork here>?”
My suggestion is to create two file folders – one for the purchase and one for the mortgage. Carry these files with you or put them in a place that you can easily access them.
Keep important paperwork in the corresponding folder. Be sure not to throw away any key data until the deal has been finalized and you have moved in. This will likely be quite a lot of paper but it is better to have the information in case you need it in a pinch.
By having two places to keep your documents and referring to them all along as you go through the process you will be basing your decisions on real facts not what you think you remember.
