For most people, buying a home represents one of the largest purchases they’ll ever make. Here are some factors to consider before you start shopping for your next home:

* How much money you want to spend.

* What type of home you would like.

* Where you want to live.

* When you want to move.

* How much you qualify to borrow and what type of financing is available to you.

To help you focus on affordable homes and neighborhoods and keep your expectations realistic, it pays to get pre-qualified by a lender right away. When you start your search, you will want to get pre-approved for a loan as soon as possible. The pre-approval process includes a credit check and employment verification. Once you are pre-approved and make an offer, all the lender needs to do is appraise the property you want to buy. Why is pre-approval so important? Sellers are more likely to choose an offer that is pre-approved over an offer from someone whose financial picture is still in question. Get pre-approved and you strengthen your position in the eyes of most sellers.

Warm regards,

The Davidson Team

"Start Packing Today!"