2. Pre Approval
When working toward the goal of purchasing a home, the second step is to speak with a Loan Officer regarding acquiring a loan with a Mortgage company. If you’re purchasing cash, you will need a Proof of Funds letter from your banking institution. What this does is verify your purchasing power as a Buyer based on your specific financials and set the proper expectations to narrow down which area and neighborhood your budget will allow you to focus your efforts. This is an important step in the home buying process, as Sellers will take your offer more seriously.
I have several excellent local lender recommendations depending on your needs. In this highly competitive Seller’s market, it is imperative to have a responsive lender available on weekends. When we find your home, we will need to present your offer with a pre-approval letter.
Once you’ve been approved and understand what price point you want to stay in, I will help you figure out the properties that match your goals choice by using the (MLS) Multiple Listing Service system to locate them.