Get a Pre-Approval
An important ingredient in a successful home search is knowing how much you can afford. You don’t want to fall in love with a property only to find out it’s outside your price range.
That’s why we recommend getting a pre-approval. This is a document from your bank or other lender stating how much you can borrow and sets the foundation to begin your home search. There are two advantages to getting pre-approved:
- It gives you the peace-of-mind of knowing you can afford homes you view on the market, and won’t have problems arranging financing and closing on the home.
- it’s critical when you submit a an offer — it demonstrates you are a serious, prepared buyer. It also provides the Seller assurance that you can afford to by your home and are less likely to cancel the contract due to financing constraints.
If you would like to be introduced to a reputable broker or lender, please contact us or submit the form below.