Ever wonder where to start when you want to buy a home? The very first step that I always recommended is to first decide that you are ready to buy a home and the second step would be to get pre-qualified for a mortgage from a lender of your choice.
The reason being pre-qualified for a mortgage is so vital, is because when you find the home that you are ready to put an offer in on, you will be one step closer and can act quickly to ensure that your offer is seen first.
In a seller’s market like what we are in now, it’s not uncommon for there to be multiple offers already on the table. Therefore, if you choose to skip this step and wait to get prequalified you might miss out on the opportunity to buy your dream home because you will have wasted precious time sending the lender all the required documents to get the pre-qualification letter.
Gregory Rutledge- REALTOR®
Century 21 Platinum Properties
1051 Hwy 76
Clarksville, TN 37040