There is no “law” or “written rule” that says you cannot look at homes if you’re not already preapproved with a bank, but sheesh! You certainly owe it to yourself to do it NOW rather than wait.
Think of it as going to the store to buy something without knowing if you have any money in your wallet ahead of time. You can’t buy the groceries without the money in hand or enough money in your checking account. Buying a home is not much different than that. Why would you look at homes without knowing how much you CAN afford, or even IF a bank can or will give you a loan to buy a home?
Beyond everything else, if you do find the “wow house” and then you have to go through the approval process, now you’ve put yourself into an awkward position. And, you just could miss out on that house if someone else comes along and is already approved.
I could go on and on about the pros on getting approved first (believe me, they’re ENDLESS) but read this article and feel free to comment.
Look back on your year….are you where you wanted to be? Did you surpass your expectations? or fall short?
I missed my posting because I changed offices the end of 2014 and this first year has been nothing short of a total whirlwind! From extending my service area, to developing better working relationships, to building bridges and bonds with past clients. Many have become delightful friends and have created connections I didn’t expect to open up!
Now that I am associated with the “newest” independent brand of real estate in our area, business has taken a whole different light. But, to keep it short and simple, working in a company owned BY the agents and FOR the good of its’ agents…..is a pretty free feeling. NO MORE CORPORATE WORLD!
Each year many tend to create New Year’s Resolutions that they don’t follow through and keep, but I “hope” to do better and be more persistent with my posts. Bloomsburg and its surrounding areas are beautiful in their own ways. I will try to stay up to date with the goings-on and new things to chat about.
Thanks for coming back! Let’s chat some, shall we?