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North Star Bank

Why is buying a home is like playing baseball?

Monday, October 24, 2011 - Article by: North Star Bank - First National Bank Southwest - Message

Yep its that time again, the October Classic. Two of the best professional baseball teams battle out to find whole supremecy for the year and ultimately trying to get home. They spend the whole year trying to win to have the home team advantage over the competitor. Well buying a home is similiar to baseball because you have to step up to the plate in order to get to first base. Not quite the world series but definately one of the biggest decisions you can ever make. Getting qualified can be a series of balls, strikes, and fouls before you proceed to first. Everything looks great and now you are on first and you have to make a decision on the asset. Is it right for you? Are the payments in line? Does the home meet all of your criteria? All the questions have been answered and you advance to second base. You are in the process of the lender gathering all the important documentation to make sure you qualify and the details are all aligned. Advancing to third base you write a contract, order the inspection, and release the money for an appraisal. Now while waiting on Third Base you get the clear to close sign from the lender, ultimately coming home and moving in. No matter what it takes the game takes on twists and turns, ups and downs, and highs and lows and your best defense is always be prepared. So do your research!

Happy Hunting!

Cheers.

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