You’ve probably already been using the Internet to search for homes in the neighborhoods you like. . you may even have decided how much of a house you should afford
Stop!
There is something you should know now. .
Getting a pre-qualification should be your FIRST STEP
It costs nothing to determine if you can buy a home right now and the price range in which you should be looking. . shouldn't you have the range of your affordability before you can start looking for homes?
A loan officer will help you with this and we will be glad to recommend one to you
"Fernando, we want to see homes before we talk to a loan officer. . and only then. ."
"Stop, only SERIOUS buyers seek for a pre-approval before looking for a home. . you are heading for the WRONG PATH!
I know the temptation is there to “go see what’s out there” but I can assure you that you are setting yourself up for disappointment. Most buyers will start their home search outside of their price range and then once they “get serious” about buying they realize they qualify for a lot less than the “dream home” they wanted to buy.
A pre-approval letter tells everyone that you are ready to buy a home. It lets your Realtor know what you can afford. .it tells the seller of the home that you are capable of making such an offer, that you are serious and that you have the financial and credit qualifications to get the mortgage for the home
Don't eat the desert before the main course. . . and don't ask for exceptions.
We will love to show you any house in the market within
two hours notice!
but first you have to get pre-approved.
Second Step
Meet with your REALTOR to discuss your needs.
All our meetings are in our office in Rockville unless we make an exception after receiving your faxed pre-approval.
In our initial meeting, if you choose us as your Realtor, we will ask you a series of questions to help determine what you are looking for in a home. This information is kept completely confidential and is necessary to ensure you find a home that meets your needs. To help narrow down your home search, we will need to know on the following:
Price range – We will get this information form your lender's letter
Timeframe – If you are moving to a new city or have certain time limitations set by your employer or other circumstances that will affect your decision. . it is essential that you let us know up front so we can best meet your needs.
Motivation – This is the time when we analyze your motivation and help you from that point on. . some buyers are strictly looking for an investment opportunity while others are looking to buy because they need more space for their growing family. All these serious considerations will have to be in place before we can show you the first home.
Lifestyle – Other lifestyle preferences can also be taken into consideration, such as different communities, fenced yards, nearby parks, special home amenities and more. We can tell you more about the neighborhoods and surrounding areas that may interest you.
