finding an agent or a lender?
2007-06-02 13:39:02 · 11 answers · asked by Freakgirl 7 in Business & Finance ➔ Renting & Real Estate
Your first step might actually be to find an agent... let me explain. Your agent can be a valuable resource... he or she will sit down with you and pre-qualify you... which simply means that, in his or her view, you can buy a house. Ask your agent for a referral to a top-notch lender... you'll be glad you did. Then the lender can pre-approve you (not just pre-qualify you) and you can shop with confidence within the home-range you can afford.
2007-06-02 13:55:58 · answer #1 · answered by Mike S 7 · 0⤊ 0⤋
A lender, always a lender.
The agent will not know what you can afford to look at if you have not been pre-approved for a specific amount. Having your lender taken care of will also show the agent that you are serious about buying and not just kicking tires. This should get them working harder to find the home you are looking for.
2007-06-02 13:45:09 · answer #2 · answered by Wade M 3 · 1⤊ 0⤋
Finding a Good agent is a great first step because then they can reffer you to a trusted lender to get you pre-approved. If you have any Weichert Realtors offices in your area they usually have what we call Gold Services Managers who work in the office and they are Mortgage brokers. It is also good for your Agent to know and trust your lender that way they can work together to get your loan closed and help everything run smoothly. Best of luck!!
2007-06-02 20:09:16 · answer #3 · answered by Rosie 4 · 0⤊ 0⤋
Get a mortgage approval... not a pre-qual... A flat out approval for a certain amount with conditions. The conditions of your approval should only be based upon the house before you go looking.
Youre real estate agent will appreciate you and lenders are happy to work with ready buyers.
2007-06-02 13:45:29 · answer #4 · answered by financing_loans 6 · 1⤊ 0⤋
A lender. It's a good idea to get pre-approved for a loan first. That way when you get an agent, you will be able to tell them exactly what price range you are looking for and things will go quicker.
2007-06-02 13:44:07 · answer #5 · answered by DOT 5 · 1⤊ 0⤋
Find an agent. Look for one that has experience, is honest and approachable. Next, look at the price range and choose one you can afford. Inspect the house thoroughly, look at the neighborhood if it's a good location, in a good location, the people in the area; if need be, learn a little history about the place and the house itself.
2007-06-02 13:51:46 · answer #6 · answered by annabelle p 7 · 0⤊ 0⤋
Get pre-approved first by a reputable hopefully local lender you can see face to face at some point.
2007-06-02 13:46:28 · answer #7 · answered by The Real Estate Guy 1 · 0⤊ 0⤋
Find a lender and make sure You can afford the repayments on your bond!
Have a expert inspection of the house you want to buy. t is the biggest investment You will make, do it proper!
2007-06-02 13:50:54 · answer #8 · answered by Brian E 1 · 0⤊ 0⤋
I would check my credit on my own, find out my fico score, my debt to earnings, make a list of my money in the bank, and any other debts i have.
Then i would shop for a mortgage. If you have a credit union, they are usually the cheapest.
THEN i would look around on my own, to see what houses/ neighborhoods I like.
DO NOT work with an agent that wants to sell you on something you dont want.
2007-06-02 14:09:59 · answer #9 · answered by Anonymous · 0⤊ 0⤋
a million. Get your financing so as first. verify to can truthfully get a loan 2. Have your aunt call in numerous realtors and ask them to cost the living house. this is no longer comparable to a economic corporation appraisal yet they could look on the industry AND the situation of the living house to come returned up with a honest cost. in case you all do no longer sign something you at the instant are not required to apply them as a merchandising or procuring agent (or pay cost).
2016-10-06 12:51:08 · answer #10 · answered by ? 4 · 0⤊ 0⤋