A Message From Susan Chen

Hello Everyone,
It is my pleasure to inform you of the transformation that S.A.C. Interiors is undertaking. As a sign of the times we have expanded our business and now we offer truly one stop shopping. S.A.C. Interiors started out as a Full Service Design Company that Specialize in Home Staging. To learn more about everything we do feel free to visit us at http://www.sacinteriors.com/

We Branched out and now we have a Full Service Real Estate Company S.A.C. Properties. Please visit us at http://www.s-a-c-properties.com/.

We are also please to inform you about our Residential and Commercial Construction Company. Our Construction company for the time being will be under the umbrella of S.A.C. Interiors.

As always we look forward to serving all your Interior Design, Real Estate and Construction needs. If you have any questions or need some Do It Your Self advice feel free to contact us.
Have a wonderful Day!

Best Regards,

Su

Looking To Buy Or Sell?

Information Needed For Pre-Approval

Grab your yellow pad! I'm going to give you the run down of things that will be needed for a pre- approval. So make sure you bring these things when your meeting with your loan officer.

• Copy of driver license & social security card for all borrowers

• Most recent ONE full month's pay stubs

• Most recent TWO years W-2's

• Most recent TWO month's bank statements (all pages)

• Residence (and landlord) addresses- past 2 years

• Addresses & loan information on real estate owned

• Name, addresses, account numbers, balances & monthly payments on all open loans or credit cards

• 401k/ retirement statement (all pages0 (if you wish to include as an asset)

• Name & phone number of your homeowner's insurance agent

• Check for credit report & appraisal

• VA loan: VA certificate of eligibility or DD214

• If applicable, any divorce decrees and discharge of bankruptcy papers

• If self- employed, see your loan officer for requirements
  

Loan Pre- Approval

Once upon a time, buyers found their dream home and then went in search of a mortgage. The market is more competitive today. Buyers who arrange their financing first have a distinct advantage.

The pre-approval process will benefit you in the following ways:

• You will know in advance what your payments will be.

• You will have an estimate of your closing cost.

• You will not waste your precious time considering homes you cannot afford.

• You can select the best loan package without being under pressure.

• Sellers will find your offer to purchase more favorable if they know in advance of your ability to secure financing.

• You will have peace of mind.

THE BUYING PROCESS- STEP BY STEP

• Consultation to analyze needs

• Establish a working relationship with a Real Estate Agent/ Broker

• Get Pre-Approved by lender - Or decide to pay cash

• View new/resale homes with your dedicated agent

• Select a home

• Present an offer

• Acceptance of offer/ contract

• Inspections

• Update Mortgage application- Appraisal

• Underwriting- Conditions

• Loan Approval

• Title Company

• Assemble documents

• Closing & walk through

• Transfer utilities

• Moving Day

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New York City Classifieds

First - Time Home Buyers

5 Common First-Time Home Buyer Mistakes


1. They don't ask enough questions of their lender and end up missing out on the best deal.

2. They don't act quickly enough to make a decision andsomeone else buys thehouse.

3. They don't find the right agent who'swilling to help them through the home buying process.

4. They don't do enough to make their offer look appealing to a seller.

5. They don't think about resale before they buy. The average first- time buyer only stay in a home for four years.