When buying a home, following a few steps in the right order can save you a lot of time & possible disappointment. If you are not set up to act quickly when buying a property, especially a Short Sale or REO property, the opportunity can vanish in a very short time period. By following these steps I hope it will streamline the process and get you that home your looking for:
- Get a Loan Pre-Approval - This means you have met with a loan officer who has reviewed your income & credit documentation and believes you can readily qualify for a home loan. A Pre-Approval letter will show your borrowing power.
- Get A Real Estate Agent - Now that your financing is in order, a Real Estate Agent knows the property he/she can show you based on your Pre-Approval Letter.
- Look At Homes
- Choose A Home
- Secure Your Funding
- Make An Offer
- Get Insurance
- Close Your Loan
Please let me know if you have any questions or I can offer any assistance, John Tihanyi.
