How Should You Prepare to Buy in SoCal?

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Welcome back to my blog. Today I want to talk to you about getting ready to buy because a lot of people in Southern California are on the same page. So here are a few things we wanted to remind you about today:

First, if you have had any recent expenses over the $1,000 mark, make sure you document it. When you go to get pre-approved for a loan, your lender will want all of this information. 

Secondly, if you take a look on your most recent tax return, under the 2106 form, you'll see that it's a form for employee-reimbursed expenses. If you have any big work expenses, like a mileage per diem, ask your tax preparer to do an amended tax return, because they will take this money into account when you qualify for a loan. 

The third thing you need to do is get online and get yourself a free credit report. Head to quizzle.com, credit.com, and creditkarma.com to get each of your three credit scores for free. 

If you have any questions for us, feel free to give us a call or send us an email. We are always here to help you get a leg up on the competition when it comes to buying and selling real estate here in Southern California.