What to Know When Your Buying a Home in Metro Phoenix - Financing
There are a lot of key factors that are important in the process of purchasing a new home. One that is often overlooked is the importance of having reliable financing before looking for your perfect home. It is a common misconception that the financing comes after you find the home of your dreams - however, looking for financing after you find a potential new home can put you behind another buyer - leading to someone else out-bidding or out-financing you in the home of your dreams. The Real Estate market is definitely a Seller's market right now - this means that there are more buyers than homes on the market to accommodate these buyers. The Metro Phoenix area is known to have a bid in the same 24-hours that it was put on the market. That being said, it is a good idea to have your "ducks in a row" so that you can get the jump on the home of your dreams.
Another benefit of having financing ready is that Seller's know that when you make an offer, you have the strength of a financial lending institution that gives the Buyer leverage again those people who do not know if they will even qualify for the home that they are interested in. Having a lender 'approval' is critical in our faced paced sellers market. You will not have a chance of competing with other Phoenix home buyers in a multiple bid situation if you do not have your 'financial ducks in a row' upfront. Before you even begin to look at homes your very first step in buying a home should be talking with a lender to know how much 'house you can afford'. We work with several trusted lenders that will walk you through the qualifying process and take you all the way to the closing table. They are part of our team that will help you to make buying a Phoenix home as seamless and stress-free as possible even in our hot sellers market.
Having an ally in the Real Estate market in the Valley of the Sun is the key to being successful in the buying or selling process. Give Anna 'Banana' Kruchten a call - her team of professionals can make the buying process a positive and seamless experience. With Anna Banana's extensive knowledge of the Metro Phoenix and her strong background in the process will help you find the perfect home in the perfect area - and, with the perfect financing for the perfect situation.
What to Know When Your Buying a Home in Metro Phoenix - Financing
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