Buyers Guide

DECIDING TO BUY?

Florida Royal Properties is here to help you be prepared with all of the information you need to buy a property

  • You will need those following files to secure financing for your property. The typical file should contain:

    • Financial statements
    • Bank accounts
    • Investments
    • Credit cards
    • Auto loans
    • Recent pay stubs
    • Tax returns for two years
    • Copies of leases for investment properties
    • 401K statements, life insurance, stocks, bonds, and mutual account information.
  • CHECK YOUR CREDIT RATING

    Your credit score will have a big impact on what type of property you can buy, and at what price. It is first recommended to check your credit rating with an experienced lending institution so that we can determine what you can afford. The lender will research your credit ratings from the three credit reporting agencies:

    • Equifax
    • Experian
    • Trans Union
  • BE CAREFUL WITH YOUR FINANCES

    When you are ready to buy, it is not the time to make sudden career changes or large purchases. You need to approach your property purchase from a position of financial stability.