Ready For Your Dream Home?
Not Sure What You Can Afford?
I always suggest that, before going out looking at houses, buyers talk with a lender and get a better idea of what they can afford. They can also begin the approval process so that when they find their dream home, they are ready to make a move on it. With a conditional loan approval - usually conditioned upon an appraisal of the house they decide on and an update of their financial position - they can go in with a much stronger offer and shorten the time period for final approval. This will be much more appealing to a seller than someone who has not even begun the loan process. It will also avoid any heartache on the buyers' side if they are turned down for a loan because they thought they could afford more than they really could.
In order to prepare you for this process, read this article from the National Association of Realtors - 4 Tips To Determine How Much Mortgage You Can Afford
Then, when you are ready to buy your dream home, vacation home or investment property here on Amelia Island, give me a call or visit me at www.DiscoveringAmeliaIsland.com - I am here to help!