You have been thinking about buying a home and have now made the decision to do so. There are logical steps in purchasing a house. The first logical step is to speak with a lender and get pre-approved. You are now equipped with the first bit of knowledge you need...knowing what your purchasing power is.
Knowing your purchasing power is key. If you go out looking at $100,000.00 properties only to find out later that the bank will only lend you $80,000.00 you have set yourself up for disappointment. There (0 comments)