This Is An Invitation For You, The  First Time Home Buyer

AAA Home Deals offers a variety of Residential Homes which are located within New York State. (There are also Residential and Commercial Properties available in other States which the Buyers / Investors will be serviced by our Affiliate Brokers)

  • Most properties offered by AAA Home Deals are “Off Market” “Unlisted” and at “Discounted Prices”.

  • There are also properties for sale by “Motivated Seller”(s) which the “Owner Needs To Sell Fast” at a discounted price!

  • There are some homes which are “Rent To Own” (Rent Now And Buy When You Qualify)

  • Some homes are available with “No Bank Qualifying” need, which means there would be  a “Seller/Owner Financing possibility ” and you can get in, even in case you have a “Low Credit Score

  • Buyer Requirement: You will definitely need to have a Verifiable / Proof Of Income / Source

Buyers:

Regardless if you’re a first-time home buyer or a seasoned real estate investor, buying a home is an exciting process. However, there’s also a lot to consider when you decide to buy. So before you begin your search for the perfect property, here are some questions you should ask yourself.

What is it that I want?

You must take the time to figure out what type of property you want to buy. From single-family and multi-family homes to condos and co-ops, there are many different options on the market and it’s important to choose the type that best fits your needs.

Figuring out the town or neighborhood you want to live in is equally important. While a property might have all of the amenities you’re looking for, factors like transportation services, schools, neighborhood and area environment, crime rate and proximity to highways can impact the overall home-owning experience. A good idea is to list out and prioritize your needs (e.g. adequate bedrooms and baths, driveway and a large backyard, great school system) etc.

How much can I afford?

Financial rules state that you should never spend more than 30% of your monthly income on a mortgage payment. An alternate rule states that you can afford to buy a property that runs about two-and-a-half times your annual salary. For a more tailored look at what you can afford, use an online mortgage calculator to see what your monthly mortgage payments would be if you bought a home today.

Am I financially prepared?
A few months before you start searching for a home, review your credit history and make sure it is in good standing. Get copies of your credit report, ensure that it’s accurate, and fix any issues you discover. It’s likely that you’ll also want to get pre-approved for a home loan, which will put you in a better position to make a serious offer once you find the right property. Pre-approval from a lender is based on your credit history, debt, and income.

How do I make the best bid possible?
Do your research! Your opening bid should be based on the sales trends of similar homes in the area. So before making your opening bid, get online and review the selling prices of comparable properties. If these properties sold for less than the current asking price of the home you’re looking at, you can feel comfortable make a bid that’s slightly lower than what the seller is asking.