Jake is a 25-year-old college graduate, he has a decent job. Jake has some student loans he’s paying off. Jake lives with his mom and dad but he’d like to move out, get a place of his own. Jake might get an apartment but he wonders if he could buy a place.
Should Jake rent an apartment? Can Jake buy a place?
I’m not sure.
But I know Jake should give me a call.
Yes, I’m a real estate agent and yes I earn a living, get paid, make money when I close deals. I am paid when the apartment is rented or a home is sold. But Jake doesn’t have to be definitely renting or buying anything to give me a call…because I’m also a help Jake figure it out resource.
I can help Jake figure out what he can do, what makes the most sense.
I could introduce Jake to Pam.
Pam is a VP of mortgage lending with Guaranteed Rate. Pam’s smart about “buying a place stuff.” She’s super nice and works with a lot of people like Jake.
Pam would help Jake figure out if he can buy a place.
The ability to get a mortgage basically depends on three things: Credit score, Income, and Debt.
Sounds simple enough, but those three factors combine in a variety of scenarios. Toss in the different mortgage products available, add some college debt and available grant programs for first-time homebuyers and the whole thing can get kinda complicated.
Jake doesn’t know all that stuff. I don’t know all that stuff. But Pam does. And Pam can help Jake figure it out.
Nearly forty million people move each year. Six and a half million are about the same age as Jake. With so many people moving each year you’d think moving was a really simple thing. But moving makes the top ten on every list of life’s most stressful events. For most, moving is a big deal.
I suppose Jake could google his way out of his parents’ house. There’s not a thing he couldn’t find about renting an apartment, getting a mortgage or finding a place somewhere online. But when it comes to a big deal like moving human help is helpful. Human help takes some of the stress away. Human help has experience, knows the questions to ask, sees the big picture. Human help has your back, human help means you’re not alone with the big deal of moving.
Maybe Jake can buy a place. And maybe he can’t. Maybe Jake should rent an apartment. Or maybe Jake should stay where he is for another year and save a little more money, or pay off some of the student loans. What I know is, Jake doesn’t have to figure it out alone.
Maybe you have nothing in common with Jake but a desire to maybe get a place of your own.
My advice: Call a real estate agent…start there. A good agent will help you sort through it. Nearly every agent I know would be happy to help Jake. Every agent I know has a Pam.
Nearly every agent I know is like me, Amy.
Amy is a help you figure it out real estate resource.
Give her a call.