In today’s real estate world, many buyers begin the search for a home on their own long before they are actually ready to buy. There are many websites that provide access to houses on the market, and buyers begin to “surf,” getting acquainted with properties and prices. However, a real estate professional can help by providing in-depth information about the city—neighborhoods, schools, resources and amenities as well as detail about specific houses. Let me help you with the details!
When are you are serious about making a purchase, unless it will be all-cash, the most important step is to connect with a lender to determine the price point you can afford. A lender or mortgage broker can often give basic guidance by phone. However, when it’s time to make an offer, it is important to have written documentation from a mortgage professional that will be included in the package. This is referred to as the “proof of funds” letter and should be included with all-cash offers or used when a mortgage is required. That way the seller will know that you are qualified and that the offer is serious. Such a letter is usually valid for thirty days from issuance. Ask me for names of outstanding lenders who will be dependable and responsive throughout the loan process!