January 2009

There are 1 blog entries for January 2009.

Why a Pre-Approval is more important than ever

Tuesday, January 27th, 2009 at 1:47pm. 793 Views, 0 Comments.

Purchasing real estate is a complex transaction which involves many parties and factors, and therefore is done in a step by step fashion. The very first step in the buying process is to get pre-approved for financing (unless you are paying cash). I speak with a lot of people who are interested in viewing property before they have been through the pre-approval process, and it's important to for perspective buyers to know that it is critical that you sit down with a mortgage professional and have them run your numbers. Until you do so, you are not sure of how much you can borrow, what interest rate you can borrow at, what the monthly payment will be etc.. Of course these are critical factors in your buying process, so it's important that these questions get…

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