Buying a home is a major undertaking. For most first time buyers it can be the single most expensive purchase of their lives. Your real estate agent and financial institution can help make this an easy process.
- Prequalifying for financing - Knowing your ability to finance can save the heartache you may suffer if you fall in love with a home that cannot afford. On the other hand purchasing a home you can afford can be your stepping stone to getting the home of your dreams
- Pre-approval - Your home lender can pre-approve the amount of loan you qualify for and provide you with a letter of commitment which can prove to be an invaluable tool when negotiating the price of your home.
- Realtor interview - A real estate agent can be invaluable in helping you find the right home that meets your specifications and price range.