The 4 Biggest Buyer Mistakes & How You Can Avoid Them!

Darren Meade
THE FOUR BIGGEST BUYER MISTAKES AND HOW YOU CAN AVOID THEM!

Mortgage requirements have been recently modified.Some of the changes made will allow you a much greater variety of options that were previously available.

Taking these new requirements into consideration, industry insiders written this article detailing the 4 Biggest Mistakes most home buyers make when shopping for a mortgage.

We hope this report greatly assists you in your quest to find the perfect home AND the right mortgage loan.

Mistake #1 - Borrowing Too Much / Not Thinking Long-TermThe first mistake most people make when obtaining a mortgage loan is not determining their comfort level with a given payment amount. How much are you willing and able to shell out each month for your mortgage? Just because a lender offers you a $200,000 loan with a $900 payment doesn’t mean you HAVE TO buy a $200,000 home. We recommend a more conservative approach. And even if you think you can afford $900/mo right now, you need to re-think it while factoring in future considerations. What if the economy takes a down turn? What if you or your spouse is temporarily out of work? What about other purchases and savings? If you pour all of your resources into a monthly mortgage payment, how can you afford to save for your retirement or your children’s education? This is why you should seek the advice of a Mortgage Expert. He or she can sit down with you, assess your needs and long-term goals and offer the best loan for those needs. To schedule a FREE Mortgage Analysis with a respected Loan Officer, and learn how you can balance a mortgage and prepare for the future.

Mistake #2 - Failing to Ask Critical QuestionsThere are a few important questions you need to make sure you ask your mortgage company.

Question 1: Is your mortgage portable? In some cases, your mortgage may be “portable”, which means you can carry it with you when you buy your next home and avoid having to obtain a new mortgage.

NOTE - These types of loans are not available in all cases.

Question 2: Is your mortgage assumable? The term “assumable mortgage” means that when you sell your house to a buyer sometime down the road, the buyer can “assume” your mortgage, instead of having to apply and receive their own mortgage. This is very attractive to some buyers and may help you during negotiations.


Question 3: Is there any “pre-payment penalty” if I decide to sell or refinance my home before I have paid off my existing loan? This is a very important question, since you might be forced to pay a penalty if you pay off certain types of loans before they are due...

Mistake #3 - Not Seeking Out “Alternate” Payment Plans

Did you know that with certain loan types, you can shave off years of payments and thousands of dollars in interest? It all depends on what payment schedule you pick. Using additional payments and/or “bi-weekly” payment programs can save you enormous amounts of money and time. For example, with a bi-weekly payment plan, you could save up to $46,701 on a $125,000 loan!!!

To find out more about bi-weekly payment programs and how you can get started with one, click here.

Mistake #4 - Not getting Pre-Approved by a Reputable Lender

In some areas, a seller may not even deal with you until they can verify that you can actually afford to purchase their home. To them, a pre-approved buyer is essential. But even in cases where pre-approval is not mandatory, it is still wise to consult with a reputable mortgage company and receive a pre-approval. Especially considering that the pre-approval process is fast and easy…not to mention FREE!

Once you are pre-approved, you can embark upon your home buying journey with confidence, knowing that once you find your dream home, obtaining the money to buy it will be the easy part!

NOW AVAILABLE! - FREE ONLINE PRE-APPROVAL.

We have created a special pre-approval form that you can fill out, right here, right now. It’s secure, private, fast, easy and…best of all…FREE !

Find out how much you qualify for and get expert advice from a reputable lender, including:

How to get the best rate and payment on your next loan

How to get started with a bi-weekly payment program

How to pick a payment amount that fits your needs and lifestyle

Don't Wait Get Pre-Approved! This will likely be the largest financial transaction of your life. Make certain you prepare how to handle the debt, rather than having the debt manage you.
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Darren Meade

To share with you a brief history, I was homeless as a teenager for two-and-half years where I lived in the streets begging for food and change. As you can imagine, my life was filled with a great deal of uncertainty.

By divine grace and guidance, I took shelter in the parking lot of a gym. The owner of the gym noticed me camping out there and after several weeks took me in. Pretty soon I had been adopted by the group of bodybuilders there and was given the nickname 'Pup'.

However, it was after the very painful experience of my father committing suicide six months after getting off the street that I began my personal journey into spiritual growth and began questioning how I could affect a greater number people in a more loving, profound and personal way.

Over the course of several years I went from being homeless to living in a condo on a golf course and representing the United States in international events culminating in winning the middleweight title of the IFBB Mr. North America bodybuilding competition. At the same time I co-founded a nutritional which exploded in the nutrition market and by age 27 I made my first million. Being young, I then squandered my first 3 million to turn around and build it again and again...slow learner at times!

Many of my lessons learned through out my spiritual path have been in the face of adversity. While "crisis" has often had its own way of waking me to the moment and reminding me of what is important to me now, it is not a requirement of this journey.

Just when I thought I had a handle on life, the handle broke.

I've learned another new lesson about life; including truly releasing and forgiving those whom hurt you. In April 2008 my aorta (main artery from your heart) ruptured in three (3) places.

I was given less than a 10% chance of survival and I was on life-support for 3 weeks. During this time the charge nurse spoke to a family friend and informed them they were going to amputate my leg, and that I was to young to die and they needed to transfer me to a new hospital (UCLA).

While I lived, my personal relationship ended within 10 days of my being discharged from the hospital. To be fair the doctors said I might never walk again, and that they believed I would be on a catheter for the rest of my life. I lost 50lbs of muscle. So she was leaving someone who might never be able to walk; make love or be able to return to work. However I've always been an over-achiever.

For instance I went off diaylisis, my bladder which had nerve damage returned to normal, the catheters out and I the leg another hospital wanted to amputate is responding and I'm learning to walk on it once again. I no longer use my wheel chair and am learning to walk without crutches.

The only suffering came from my own thoughts, believing this person would be with me to over-come these issues. I now realize that was the largest blessing of all.

EXECUTIVE BIOGRAPHY OF DARREN M. MEADE


Darren Meade, of Kairos-Meade, has a life, which exhibits the quintessential triumphant story. He was abandoned by his parents and homeless at the age of 14, weighing less than 100 pounds and today negotiates multi-million dollar agreements.

His business career developed initially from his passion for body building. As a youth, after being homeless for two-years, he was taken in by individuals who allowed him to utilize their company gym. Darren focused that passion and successfully won several awards in competitive body building, culminating in winning the Mr. North America title for the middleweight division and represented the United States in international events. His extensive exposure in competitive body building assisted in developing relationships with industry leaders in the medical device and nutritional supplement industries.

As Darren rapidly progressed in
professional endeavors, he designed a new business model not yet used in the industry for a then unknown nutritional company. The retail experiment led by Darren worked, and within two years he drove sales from $1 million to in excess of $40 million.

Moving forward to his next success, Darren proved that he could do it again and took another company to $35 million in a single year. He diligently oversaw all facets of assisting an international research organization´s quest to gain acceptance in the U.S. biotechnology sector by partnering with one of the world´s largest biotechnology companies within only five-months. This was accomplished after the organization had tried for years and used over 50 consultants and development personnel without results.

A key to Darren´s success is his passion for each new business he enters. He specializes in building profitable long-term relationships with clients, vendors and staff.
He has proven that success is contagious.

In addition to his business accomplishments, Darren has actively participated through service of time and finances to homeless shelters and civic community organizations. He is a Deputy CEO of the Invisible Youth Foundation. Darren recently volunteered on Arnold Schwarzenegger´s successful run for Governor. Due to his efforts, he was offered a position in Sacramento. He was selected by the Orange County Register to write columns regarding the process of the campaign through to the inauguration and planning for policies.

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