I wanna buy THAT house!!

Real Estate Agent with Coldwell Banker Realty 573728

Every day, I get an email or a call from a buyer who wants to go out and see some homes that are for sale.  My first Question is always:  What is your price range?

Inevitably, the answer will be " Oh, I don't know, probably around xxx or yyy.  I looked online and calulated monthly payments so I'm comfortable!"

My inner little voice sighs deeply....."Have you spoken to a lender?"  I ask.

Unless you speak with a lender who runs your credit and checks your finances, you really do not know how much you can afford.  You just THINK you do.  If your credit is poor, your interest rate will reflect that.  And different loans charge different fees.  

So, before you even start looking online for your next house, call me! And I can help you find a good lender!!  The saddest thing for buyers is to fall in love with a $400,000 house only to then be brought back to reality and find out that they can only afford $325,000.  

So...Step 1 of the Homebuying process AFTER you talk to me,  is to speak to a lender!



Posted by

Posted by

Susan Nealey


Coldwell Banker Residential Brokerage

4 Church Circle

Annapolis, MD 21401

Serving Annapolis, Severna Park, and All Surrounding Areas

Comments (7)

Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good morning Susan. I love the sketch and your point is well made as well.

Jan 18, 2019 05:27 AM
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker, eXp Realty - Kalispell, MT
Helping your Montana dreams take root

This is so important! (Talking to a lender.) In our area, taxes can be a huge part of the equation that most online calculators ignore or low-ball. If you find a house with taxes of $13,000/year and your calculator used $2,500/year, the amount a buyer can spend is a lot different!

Jan 24, 2019 06:08 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

I hope you are enjoying a very productive summer.

Take care and be safe.

Aug 31, 2020 08:53 AM