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First Step in Purchasing A Home - Your Washington DC Area Realtor

By Damon J. Brockenberry

Real Estate Agent with Keller Williams Preferred Properties DC: SP98364962 MD: 601648

July 26, 2011 12:49 AM

In today's Real Estate market houses for sale are around every corner and on every block it seems. Buyer's being properly financed doesn't always seem to be. Many buyer's have not been updated as to the process of purchasing a home in today's market. I find many are using historic buying methods, that don't apply to today's forever changing housing market. It's unfortunate that some buyers are not aware of the steps that NEED to take place in order to have a very successful and smooth transaction. Going to view a house first and then being concerned about financing is actually backwards. The very first step is having the proper financing before you even go view a property, that is if a buyer is serious. There are the lookers and that's all they do is look but when it gets to the point of wanting to view the property itself it's a no go with Realtor's without this very crucial step. Let's face it without financing nothing else matters in the transaction. Once you have financing in place everything else takes a backseat. Many internet users look at homes and want to see the inside of some properties. No problem as long as they have proof of funds to show. If not they stand a very slim chance of seeing that property. As agents we do not have the time to show everyone who wants to see the inside of a house. So there are certain steps we must take to make sure we are dealing with a ready, willing, and able buyer. As an agent I've had people call me on some of my listings who said they've had financing but when asked to provide they've replied "All this just to see the inside of the house", YES. Agents do not have time to get in their car, waste their gas, and time based on what someone says without providing proof. Agent do actually work. Proper financing is the first to many steps to purchasing a home. Proper financing can mean proof of funds if they are paying in cash or a current pre-approval letter usually within the last 30 days. Once provided it's an open door to the house and home ownership that awaits the potential buyer. WELCOME HOME!