Mortgage Ready FIRST- A Lesson I Wish I'd Learned Earlier in My Career

Hi Lynn, thank you so much for the mention. I can relate to this, earlier in my real estate career, I spend too much time with those who were not mortgage ready. 

Thanks for the mention, Lynn!  This is a lesson everyone learns if they're in the business long enough - certainly better to learn it early!

Hi Lynn

It's best to learn this lesson early, otherwise there can be a lot of wasted time. It still surprises me that buyers want to go out and look at homes before they even know if they can afford what they are lookin at. You've shared some good resources here - thanks.

Jeff

Lyn, That's a good lesson that I wished I had learned early too. I can't tell how much time I wasted as a rookie agent, showing homes to buyers who were not "Mortgage Ready". Buyers like to go window shopping on your time if you let them.

Lynn better to learn the lesson late than not to ever learn it at all :)

Thank you for mentioning me in your blog.

Lynn, We have all fallen for that and want to trust and believe. But in the end we need to see the proof. Thanks for the Lesson Learned.

I think its a lesson many of us have to learn when we get started in the business. And even after you're in it awhile, the learning never ends!

Good morning Lynn. Important topic, one that can cause a lot of frustration if the buyers are not correctly qualified.

Mortgage ready and by a trusted lender ! 

Thank you for sharing. We always learn from our experience.

Been der don dat Lynn B. Friedman just experienced this from the listing end.  Have a property for sale, agent submitted an offer, after acceptance, 3 days later buyer was disqualified from the loan.  The listing said "submit prequal with offers; lender gave prequal but then after further review, looks like they didn't qualify, or really got cold feet.

Mortgage ready -- that is a good phrase, I like it! Great post, Lynn!

Lynn we all have lessons we learned on the way... if we did not learn anything we would not be here:)) have a Happy Fourth of July, Endre

I think we have all been in that situation at one time or another in our real estate careers.  We usually learn the first time someone falls in love with a home and then they loose it because they only thought they were mortgage ready.