Tuesday, April 1, 2014

When embarking on the search for the perfect home, you are very strongly advised to get pre-qualified for a home loan. If you're wondering why, just read the following very compelling reasons for doing so: -

A better relationship with the seller
You need to sell yourself to the seller. You'll stand a much better chance of being taken seriously if you are pre-qualified for a home loan that covers either the asking price or the amount you're prepared to offer.

A smoother transaction
Waiting until you find the home of your dreams and then starting to apply for finance is only going to delay the process.

A more realistic approach to house buying
There's really no point in looking at something you simply won't have the means to buy. It's much better from everyone's point of view if you are totally realistic and find out, in advance, what your financial limitations might be.

Enhance negotiating power
Knowing how much you can borrow gives you much better negotiating power. You know your limits and the seller knows that, if he/she accepts your offer, you are pre-qualified and things should go forward without a hitch.

Home hunting with more confidence and focus
You will unquestionably find the house buying process less frustrating if you are going out with the confidence that you can achieve your dreams, rather than just crossing your fingers and hoping for the best. Your home search will also be far better more organized if you focus on what is available in the price ranges that match your pre-qualified finance level.

So how do I get pre-approved?
Talk to us today. We have strong connections with the top home loan professionals in the Albuquerque area and can point you in the right direction.


Juan RomeroJuan Romero
Investing in your Future!