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Getting
Pre-Approved is the first step in the home
buying process. Anyone can "shop"
for a home, but only an approved buyer can actually
buy one. We are seeing a new marketing trend
with homes coming on the market with Buyer
pre-approvals required before they are shown!
Your pre-approval will also help you to identify
where and what you'll be looking for. Once you
find a property that meets your needs and it's time
to sit down and write an offer, having your
financing already in place makes for a stronger
offer. Offers to purchase that present a Buyer that doesn't know what they can afford or how
they are going to pay for it are a bit wimpy when
they hit the negotiating table and put the
Buyer, in a weak negotiating stance. On the
other hand, when a contract is written specifying
financing and delivered with an Approval or
Pre-Approval letter, the Buyer's offer is in a much
stronger negotiating position. When the
factors determining whether or not escrow is going
to close weigh heavier on the Seller for
responsibility, the negotiating tables are turned.
First Time Buyers
are often offered special discounts and programs
through Lenders, Title Companies and Escrows.
Let me know right away if you are a first time
home-buyer. I'll make sure you receive any
discounts and special offers available in relation
to your purchase.
Identifying Your
Needs. What you need and what you want
often overlap. Once we have established how
much purchasing power you have, it's up to you to
decide how much you want to use. You are
ultimately the one that makes the payment every
month! You are in control of what price you
are willing to pay for a property. The market
is in control of what that amount will get
you. (Click here for a
Buyer's Needs Worksheet)
Communication
is vital throughout the purchase process. In
our initial meeting we will discuss what
communication method will be best for you in each
part of the transaction.
I'm
looking forward to working with you soon!
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Equal Housing Opportunity. Equal Opportunity Employer.