Attention home buyers. Talk to a lender before you start looking at homes.

Hi Gita

This is certainly important advice, yet some buyers either don't understand it or for some reason just don't do this early enough in the process. In our competitive markets buyers must be prepared as much as possible, and that includes vetting by a qualified lender and a pre-approval so they know where they stand.

Jeff

Gita, this is the first thing we ask buyers about when they contact us. We don't even show them homes until they've spoken with a mortgage lender.

To be clear, don't just talk to one, get approved!  That way there is no guessing as to what you can afford to buy.   You know your upper limit on a property.  And a buyer's agent will help you keep focused on what will fit your situation instead of driving around aimlessly looking at houses. 

Good information for you clients. Good job.