Tips For Purchasing

Starting the search for your new home can be quite exciting, but the worst thing you can do is start shopping before you know exactly what you can afford. Your real estate agent should have a shortlist of preferred lenders for you to contact who should inform you on what they can lend you. This should be a top priority, as some sellers will not even glance at an offer from a buyer lacking a letter of pre-approval. If you have questions about the pre-approval process, your agent can give you additional details.

Be willing to negotiate:

Sellers typically have a net profit figure (or a tight range of profit) they are looking to secure; expect a counteroffer. The agent representing you will always act in your best interest, heed their advice, and walk away from a home if need be.