Purchasing a home is a process that cannot go smoothly unless you take it step by step. This is where having a real estate agent is important. It is essential that you are prepared and already have a loan secured. Securing it early will assist you in making decisions with your home purchase. With a secured loan, you can either broaden or lessen your prospective homes as you would need the price to be within your budget while your offer will be good one as you are ready to buy. Getting the finances in order will make the process quicker without hindrances. Let a real estate agent assist you with your home purchase decisions.
You are right on about pre-approval. Wasted a lot of time before making it a rule that do not show homes withour loan pre-approval.
Will ~ Couldn't agree with you more -- getting pre-approved makes the entire process so much easier on everyone involved and much more rewarding. Great advice!
Will - Pre-approval is more important now more than ever because of all the strict guidlines buyers might not qualify for a home that they falll in love with, in the end they get upset and we as agents lose time showing them homes out of there qualifying range. Nobody wins.
I will not show homes unless clients are pre-approved, if they are serious about buying then they will take the time to get this important step done first.
Great point Will, there is no reason (especially these days) to be mortgage pre approved.
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