A Doctor's Advice For Purchasing A Home?

Reblogger
Real Estate Agent with Tallapoosa, Bremen, Waco, Buchanan, Temple, Carrollton Licensed in GA & AL

David Burrows from Annandale, VA shares some advice on purchasing a home.  Things in the mortgage industry have changed dramatically over the last 6 years.  It is more important than everr to meet with a mortgage lender and have the lender do a "diagnosis" of your ability to qualify for the home you want, before you find it.

Original content by David Burrows Realtor

I have a friend who is a doctor. We were sitting having lunch a while back and I was sharing about another friend of mine who has something going on physically. My doctor friend, after I paused for a moment, spoke up and said these words that I will never forget: "David, when it comes to physical concerns, NOT KNOWING IS NOT BETTER". I knew exactly what my friend the doctor was saying. "We can guess, we can speculate,  but the fact is, until your friend has a true diagnosis, until he/she knows what they are up against, we are only guessing and nothing can truly be properly treated!"

Why this story? I mean, after all, I'm a Real Estate Agent who seldom becomes involved with individuals in reference to health concerns.

The reason for the story is this: I am constantly running into prospective home buyers within Real Estate who want to purchase a house but they haven't come to grips with one specific absolute that MUST be dealt with. They stop by and sign up at my website to search for a home. They talk with me sometimes and endeavor to persuade me to take them out looking for a house! But when the subject of their CREDIT and MORTGAGE APPROVAL comes up, I hear things like, "I believe everything is fine David, let's just go house shopping first and then I will pursue the Mortgage!" Then comes the disappointment when house hunters who procrastinated find out they can't qualify for a Mortgage and there are things to work on which of course means there is a delay they hadn't counted on! The disappointment mentioned a moment ago is huge. All the while, this has happened because they didn't want to deal with the facts! You see, in Real Estate, like when tacking health concerns, NOT KNOWING IS NOT BETTER!

When you as a home buyer know up front where you stand financially, you can then begin to fix what is wrong, if something indeed needs to be fixed. Additionally, you will be able to find a house in your price range and when that house is found - You will be able to write a sound offer in an effort to purchase it!

The fact is, most of us, unless we are paying cash, will need a Mortgage and Mortgage Approval! Why not deal with it up front so that the path is clear for your next home purchase.

David Burrows

David L. Burrows, Realtor®
Classic Realty 4200 Evergreen Lane, Suite 331
Annandale, VA 22003
Serving: Gainesville VA, Haymarket and ALL of Northern Virginia
Direct: 703.859.5188
Office: 703.637.1400
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It is always an honor to assist Home Buyers and Sellers with their Northern Virginia Real Estate needs. If you want to search the MLS for Real Estate Listings, or even become more specific with your search, such as the Fairfax MLS, utilize the valuable tools on my website. If you are looking for a Home in Gainesville Virginia; the Haymarket Homes For Sale area; Condos For Sale In Fairfax Virginia; Fairfax Homes For Sale; or a home anywhere within the Northern Virginia Real Estate area, simply click on the appropriate link. I serve ALL of the above areas throughout Northern Virginia.

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Comments (1)

Matt Brady
Finance Of America - Del Mar, CA
One of San Diego's Best Lenders

It has always been a mystery why people will not do something so logical. Perhaps your medical analogy explains it, people are sfraid of being told they do not qualify for what hey want.

Jun 25, 2011 07:57 AM

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