If you have any questions or would like more information about getting pre approved please Contact Me. For more information about buying your next dream home or property or selling your home or property please visit my Buyers Page or Sellers Page.
Most mortgage lenders take the guess work out of applying for a loan by figuring out for you the amount you can afford to borrow. Then, they give you a printed document stating the maximum mortgage amount you qualify for based on your particular finances and income. Mortgage pre-approval establishes your price range and strengthens your buying position by letting the Seller know that you have already been approved for the loan. It can also ease time constraints once the purchase agreement in signed between Buyer and Seller.
You're out looking at homes. Your Real Estate Broker never mentions that you should get pre-approved and just ballparks what you can afford. Of course, the more house he shows you, the better he usually comes out. You find the perfect house and work out a deal with the Seller. Three weeks later, the lender informs you that the house is $10,000 over what you qualify for and does not approve your loan. The Seller has already bought another house. You've given notice where you're renting and told all your friends about the great house you bought. And then, there's the money you've already spent on inspections on a house you can't own.
You and your REALTOR® have been working diligently finding that "perfect" home. A new listing comes on the market that's priced right and has got everything you've been looking for. You write an offer. Your REALTOR® takes it to the listing REALTOR® and is informed that another offer is coming in and will have to present both offers simultaneously to the Seller. The other Buyer is pre-approved for his loan. Whose offer do you think the Seller will negotiate first?
Should You Get Pre-Approved for a Loan First? Most Definitely! For more information on getting pre-approved let me know.
I am a full-time REALTOR®, paying special attention to every detail and listening to her clients' needs. I have the experience and integrity to make the transaction smooth. Contact Me and let me assist you with all your real estate needs!
Buyer's Home Search
My powerful Home Search solution allows you to search through all available homes the same way I would: by County, Town, Subdivision, Postal Code, waterfront homes, golf course homes, homes on acreage, homes with pools, and much more. Register and you can save your search, track your favorites and have the newest homes that meet your criteria emailed to you daily.
Selling Your Home?
Want to get top dollar for your home in the shortest possible time? Let me help you with Preparing, Pricing, Marketing, Negotiating and Managing the home sales process. I understand the importance of marketing using web, social networking, email, direct mail and print campaigns to place your home in front of more potential buyers. When you are ready, please fill out our online request form and I will contact you directly.