1. They begin looking at homes without first getting prequalified. Getting prequalified with a lender is the very first step when a purchase is being contemplated. It is necessary to find out if there are any credit blemishes and what is the dollar amount of borrowing power. At this point it may be discovered that a larger down payment is needed or not as much down is required. In any case the buyer is now ready to act when the right property is found.
2. They go online to get financing. There (1 comments)