NEXTHOME RESOURCE

Find out everything you need to know about buying a home at the NextHome Resource Center.
Comstock will host educational seminars and events to help you wade through a sea of information
about buying and owning a home.

• Understand what a credit score is and how it can affect your home-buying qualifications
• Discover the ins and outs of buying a home with “no money down”
• Learn the advantages of home ownership

Topics will vary quarterly.

- Should I Buy, Rent or Do Nothing?
- Escape Buyers Remorse
- Changes in Life
- Financing

Should I Buy, Rent or Do Nothing?

You always hear that buying a home is one of the most important personal and financial decisions you’ll ever have to make. But other than putting a roof over your head, which you can also do by renting, how does home ownership really benefit you? Isn’t it expensive to maintain a home? What if credit card, car or school loan payments haven’t always been made on time, or you’ve just switched jobs? Can you still qualify for a loan? Don’t you need 20% down to get a lower percentage rate on your loan or to not have to pay principal and interest? Don’t you need money just to make an offer on a house? How much are closing costs? Are home inspections necessary, even for condominiums?

There are so many questions the first-time home buyer faces, confusion and frustration can become overwhelming, the process may be too much and you give up and the advantages of home ownership, including tax write-offs and appreciation, aren’t taken. Or you might buy a home and then wonder, “What have I gotten myself into?”

Escape Buyer’s Remorse

The NextHome Resource Center’s classes in First-Time Home Buying and Understanding Money and Credit, as well as our Resource Library, offer information to guide you through the home buying process. Best of all, they are FREE and are offered in both Spanish and English. And you don’t even need to be purchasing a Comstock home to take advantage of our seminars.

After attending one of our classes or reading information from our Resource Library, you’ll feel comfortable in making your decision with no buyer’s remorse. Let us help you to partake in the Great American Dream – Home Ownership!

Changes in Life – We’ve Got You Covered

Whether you’re moving because you’ve been promoted or found a better opportunity elsewhere, or are retiring to a warmer climate, Comstock Homes offers quite a selection of convenient neighborhoods in the Atlanta and Raleigh areas. Visit the NextHome Resource Center or www.ComstockHomes.com to learn more about them.

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Financing

• How much money will I have to come up with to buy a home?
• How do I know if I can get a loan?
• Where do I find a lender?
• How much are taxes and insurance?
• How much money do I need at settlement?
• Do I have to insure my loan and my home?
• What is mortgage insurance?
• What are the average closing costs? Can I finance these?

Shopping for a loan can be confusing. One lender might quote you a lower monthly rate, but the interest rate might only be temporary, making your payment eventually higher than another lender’s fixed rate. Then there are points, fees, taxes, insurance, association dues, homeowner fees and other costs that must be added to your closing or mortgage costs.

It’s very important to work with an established, reputable, local lender who you are confident can get your loan approved, home appraised and underwriting completed prior to closing. The preferred lender for Comstock Homes is Fidelity and Trust.

MORTGAGES
We are one of the largest mortgage companies on the East Coast, with $1.3 billion in volume last year.
A large direct lender with local community branches.
This enables us to serve our customers better because we understand local programs and can process loans quickly. We feature “start-to-finish” loan processing service at each local branch.
Customer-focused, tested staff.
Our loan officers are helpful, friendly, knowledgeable and accessible. And our team of seasoned processors and underwriters move loans through the transaction process rapidly.
We work harder to get the difficult loans done.
Flexibility with respect to underwriting guidelines is an important aspect of our customer service. We often identify loans that do not fit the published norms and guidelines and strive to find ways to provide financing.
Our mission extends beyond your present needs.
Based on superior service and dedication, we seek to take care of our customers so that they not only use us again, but also feel good recommending us to friends, relatives and business associates.

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