- The Buying Process -

If you plan on securing a loan to help with the purchase, it is vitally important for you to get pre-qualified. We have many recommended lenders. They are posted on our web site in the Preferred Lender section. They offer the most favorable financing terms and have a level of customer service which we require in serving our clients. You should meet with them as soon as possible. Your Lender will check your credit, look at your debt to income ratios and talk over the mortgage product that best fits your needs. Your Lender should provide a Good Faith Estimate and tell you what purchase price you are qualified for. The Lender will break down the monthly costs and closing costs for the loan so you can firm up your financial plan. They should provide us a “Pre-Qualification” or “Pre-Approval” letter that we will use when presenting an offer. Remember, even though you are pre-qualified for a certain amount does not mean that price should be your target purchase price. Just because you could doesn’t always mean you should. Talk with Bob and Shauna Jo about how your “Pre-Qualification” or Pre-Approval” amount fits in with your real estate goals. Then the excitement begins…