The steps are sort of like the chicken or the egg. You need to find an agent and you need to be pre-approved for a mortgage. Which one to do first? It depends. Do you know where you want to borrow the money from to buy a home? If so then meet with the lender and get pre-approved. Not pre-qualified but do the legwork necessary to be pre-approved. If you do not have a lender in mind then working with a real estate agent first would make sense as the agent can give you contact information for lenders that the agent knows. A recommendation is just that; NEVER let an agent tell you that you have to work with a specific lender.
Before you start looking at homes you need to be pre-approved. This way you will know what you can borrow and what the payments will be to repay the loan. After you have that information you can then start the process of finding the home that meets your needs and lifestyle. Being pre-approved makes the offer you make on a home much stronger. The sellers will know you can actually qualify to buy their home. Since you have done your preliminary work ahead of time you can actually buy the house faster once you have it under contract. The bank has done their work to approve you. Now, we just need to have the home inspected, appraised, and funded. Most importantly you can move in!
If you are pre-approved for a mortgage and you are getting ready to look for a home in Tacoma, I welcome the opportunity to meet with you and to explain to you further why selecting Classic Homes Northwest to represent you in your transaction is your best move. If you are looking to get started but you do not have a lender to work with. Please call today and I will give you the names and contact information of some lenders who do an amazing job each and every day for their clients. Then we can begin to talk about buying a home in Tacoma.
You can reach me directly at (253) 219-1194 Thank you for reading and good luck with buying your next home in Tacoma.
