If you’re taking a new job in a new city, relocation and timing don’t always coincide with one another. This, quite often, leads to your thinking you have to sign a twelve-month lease on a rental property because you need to build up an employment history for a mortgage. Not so. For those professionals with jobs that are tied to a contract (doctor, attorney, teacher, nurse, dentist, etc.), some lenders can close and fund 60 days before your starting that new job and use that income to qualify. A 10-minute phone call to a smart, local mortgage professional can help you save a year of renting.
I have lost count of how many out of state, even out of country buyers I have helped with this process. Start a relationship with an experienced buyers agent today. Next? Get approved, review options with a local lender.