Buying a Home

I take the time to get to know you and your family.

I take the time to get to know you and your family.

I take the time to get to know you and your family.

Someone once told me this statement was written backward, because you only make money when you SELL real estate. “How on earth could you make money when you buy it?” he said. That statement is correct.  You receive your sales proceeds when you sell your home, but it’s how well you BOUGHT your home that determines HOW MUCH your proceeds will be.

Are you looking to buy a new home?

Do you know the challenges most buyers face that keep them from finding their dream home?

My commitment to you

Getting pre-qualified is the initial step in the mortgage process, and it’s generally fairly simple. You supply a bank or lender with your overall financial picture, including your debt, income and assets. After evaluating this information, a lender can give you an idea of the size of the mortgage for which you qualify. Pre-qualification can be done over the phone or on the internet, and there is usually no cost involved. Loan pre-qualification does not include an analysis of your credit report or an in-depth look at your ability to purchase a home

Getting pre-approved is the next step, and it tends to be much more involved. You’ll complete an official mortgage application (and usually pay an application fee), then supply the lender with the necessary documentation to perform an extensive check on your financial background and current credit rating. From this, the lender can tell you the specific mortgage amount for which you are approved. You’ll also have a better idea of the interest rate you will be charged on the loan and, in some cases, you might be able to lock in a specific rate.

Getting pre-qualified is the initial step in the mortgage process, and it’s generally fairly simple. You supply a bank or lender with your overall financial picture, including your debt, income, and assets. After evaluating this information, a lender can give you an idea of the size of the mortgage for which you qualify. Pre-qualification can be done over the phone or on the internet, and there is usually no cost involved. Loan pre-qualification does not include an analysis of your credit report or an in-depth look at your ability to purchase a home

The other advantage of completing both of these steps – pre-qualification and pre-approval – before you start to look for a home is that you’ll know in advance how much you can afford. This way, you don’t waste time with guessing or looking at properties that are beyond your means. Getting pre-approved for a mortgage also enables you to move quickly when you find the perfect place. When you make an offer, it won’t be contingent on obtaining financing, which can save you valuable time. In a competitive market, this lets the seller know that your offer is serious – and could prevent you from losing the home to another potential buyer who already has financing arranged.

The decision to buy a home often involves a number of stresses and strains. For about 80% of buyers, it’s the largest financial transaction of their lives.  Mistakes in any part of the buying process can cost you thousands. I can give you several helpful, straightforward tips for finding a home that meets your needs, and becomes a wise financial investment for you.

Call me now at 214-356-8586
and let’s design a blueprint of your Wants and Needs.

Contact me today to learn how you can save on your next home purchase!