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Become Pre-Qualified Before You Begin House Hunting

By
Real Estate Agent with F.C. Tucker Company

BBecome Prequalifiedefore you begin house-hunting, you should meet with a lender and be pre-qualified. This will help you determine the price most suited to your ability to pay and your comfort level. Pre-qualified gives you a number of advantages.

  • You will be assured that you're looking at homes you can confidently afford to finance. Your efforts will be focused on properties that match your financing abilities.
  • When you find a property, sellers will take your offer more seriously given that you have a lender that has committed to backing your offer.
  • You will have an edge over other buyers who aren't pre-approved. In situations where there are multiple offers on a property, this can be the difference between having your offer accepted or losing the property to another buyer.

For more information on how you can become pre-qualified contact Kammeyer Realty Group at 317-570-3800 or visit www.KammeyerRealtyGroup.com.

June Piper-Brandon
Coldwell Banker Realty - Columbia, MD
Creating Generational Wealth Through Homeownership

Kay, better still sit down with a realtor and go over your options and have that realtor refer you to a trusted service provider to become preapproved.  Quite often our buyers do not make good choices or inappropriate choices when it comes to service providers.  It's a good idea to guide them through the entire process including the choice of lender, home inspector and such.

Oct 12, 2010 01:25 AM
Harry F. D'Elia III
WEDO Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

This is the first thing one must do when purchasing a home-hands down.

Oct 12, 2010 01:27 AM