Do you want to buy a house or just tour homes? As a real estate professional, I sell homes. Showing homes to individuals that are not pre-approved a.k.a qualified to buy a home would make me a tour guide.
A buyer’s mortgage pre-approval is good for everyone in the transaction. That is why it’s a mandatory step in the home buying process and actually, I WILL NOT show anyone a house without having one. Why? It saves time, money and removes the uncertainty of knowing whether the buyer will be qualified after negotiating a contract.
The direct benefits include:
- Looking at “Right” homes – price, size, amenities, location
- Find the best loan – rate, term, type
- Uncover credit issues early – time to cure possible problems
- Negotiating power – price, terms, & timing
- Close quicker – verifications have been made
There is a significant difference in having a trusted mortgage professional take a loan application and run all the necessary verifications compared to going through calculators on a lender’s website. Beside the peace of mind, the cost of being pre-approved is a bargain and generally, limited to the cost of the credit report.
Even if a person has been pre-approved, a second opinion from a different lender may be a good option. It can verify there is a good deal or you’ll discover that you can improve it. Either way, it works to your advantage.
Contact me at 404-857-2508 if you’d like a recommendation of a trusted mortgage officer.
Also, check out this short video about getting pre-approved for a mortgage.
If you are looking to BUY a home, I offer 2 complimentary consultations:
1) “Home Buying Consultation” moving in 0-3 months
During this meeting we discuss your MUST HAVES, WISHES, & DEAL BREAKERS. I also provide an overview of the Home Buying Process. What you should expect, what happens if the unexpected happens, and much more. Most importantly, we discuss your expectations of me and vice versa, and I will answer all of your questions.
2) “Get Home Buying-Ready Consultation” moving in 3-12 months
Is buying a home your desire, but you have some work to do before achieving it? Start now! After this meeting you will have a game plan. Becoming a homeowner will no longer be a desire. Instead, it will be an achievable goal you will work towards.
Schedule your consultation today!
Offered in person, via phone or Skype.