Get pre-qualified to buy a home in Downey
Although most of us think that the first step to own a home is to have an offer accepted really the first step should be to be pre-qualified by a lender. Being pre-qualified means that the bank knows your preliminary information and it has determined a sales price that you can afford and qualify to purchase. Why should you do this prior to buying your home in Downey?
A. To know how much you can afford to buy. Why waste time browsing for homes you cannot afford? Instead focus on homes you can buy in Downey.
B. I speak to families who walk into open houses all the time without being pre-qualified thinking they can simply get pre-qualified then. The problem with that is that a lot of homes will get sold right under your feet if you are not ready. If you are having surgery performed do you want your doctor to come to the table and ask what’s the operation being performed on you today? Of course not. Like a great surgeon, prepare yourself and get pre-qualified.
