A new home is arguably one of the largest and most important purchases we make in our lives. One of the questions many potential home buyers is; “Where do I start?” Jan J Kelley Realtor says that determining where to begin is simple, getting pre-qualified for a home loan is the first and most important step in the home buying process.
Many buyers begin their search for a new home online by researching and viewing homes that catch their eye. However, if you’re in the market for a new vehicle and you determine your budget will allow you to purchase a reliable pre-owned vehicle, it doesn’t help you to research the latest Lamborghini’s in production. Working with a realtor and getting pre-qualified for a home loan will allow you to determine your budget to a certainty and narrow down the home search, helping you avoid the extra overwhelming undue stress.
Additionally, even if you do know your new home budget, the DFW Metroplex housing market can cause issues for the buyer who isn’t pre-approved. Homes listed in Dallas are selling in days, not weeks as is common in some other markets. The buyer who isn’t pre-qualified will likely lose out on a home listing to another buyer who is pre-qualified.
Consulting with a lender before you start the home buying process can save a lot of heartache later, so take that first step today if you’re in the market for a new home. Jan J Kelley works with Keller Williams Realty and utilizes her experience as a community leader to help Buyers find exactly what they are looking for in a home and community. For more information contact her at (972) 400-1885 or visit http://www.janjkelley.com today!