A couple wanting to buy a new house

A couple wanting to buy a new house
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By; Danky.N

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  • Hey Stephanie, i have been thinking lately and i feel like this condominium is not the best fit for us. 
  • Yes i also agree that this condominium is not the best fit for us. 
  • I will be searching for a mortgage broker person so they can help.
  • Yes you do that and let me know how the meet and everything else goes.
  • I am looking to buy a new house
  • Hello! You must be Mike, how may i help you?
  • Mike and his wife Stephanie are currently living in a condominium that they are starting to dislike.
  • Great here is the payment.
  • The down payment for your new house include the following, A 20% payment along with a 5 year amortization period. Since your new house is $700,000, the down payment i will need from you is $140,000
  • Mike proposes the idea to Stephanie about buying a new house, Stephanie agrees
  • Thank you for letting me know, i have came to conclusion that i will stick to buying a  house outright.
  • When it comes to renting a house, you will have to make a security deposit for the first month, and the property tax would be higher. Ideally i would suggest that buying a house outright will be the better choice for you.
  • Mike finds the mortgage broker and starts the appointment the same day
  • Thank you very much! Tomorrow i will be contacting the house inspection servives. 
  • Good choice! Now you always have to remember to pay your mortgage or else the house will be foreclosed.
  • Mike discusses about the down payment needed for his new house
  • Now Mike is asking about renting a house rather than buying it to see if that would be more worth it for him
  • Mike finalizes the appointment with the mortgage broker, and plans on getting a house inspection on the house.
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