When Buying a Home, Do This Before Anything Else

In starting out the home buying process, your first order of business should be to get a pre-approval letter. Here’s why.

Get a FREE Home Value Report
Search all Homes for Sale on the MLS

If you’re about to buy a house, what’s the the first thing you should do?

If I had to pick one single point of action, it would be to get a pre-approval letter. You have to figure out how you’re going to pay for your new house. In addition, this pre-approval letter must come from reliable lender. You’re going to need this pre-approval letter in hand because today’s market is pretty competitive and you might have to fight against other offers. 

Put yourself in the shoes of the seller. If you had to choose between two offers, and the main difference between the two offers was one had a pre-approval letter from a reliable lender and the other didn’t, which one would you pick? Don’t put yourself in that position—don’t be the buyer who doesn’t have the pre-approval letter.

Don’t be the buyer who doesn’t have a pre-approval letter.

If you plan on paying cash for your new home, you won’t need a pre-approval letter, but you will need a proof of funds letter. That, however, is a topic for another day.

If you’re thinking about buying or selling a home or have a topic in mind you’d like to see me discuss in the future, feel free to call or email me. I’d be glad to speak with you.