The first step in purchasing a home is to contact a mortgage lender.
Qualification can usually be done over the phone in as little as 5 minutes. Full approval can be completed in as little as 24 hours. Then you'll have a written mortgage commitment and you then can act as a “cash buyer”.
In the conversation with the lender you will outline your price range and the lender can explain the differences in the different mortgage programs available to you. They will then give an estimate that includes the closing costs and down payments required for your selected price range.
Once a price range is settled upon, we will advise you of the available properties within your price range. At our first meeting we will go through the list of the qualifying properties. You'll be able to give us feedback about which properties you are most interested in and which you're not interested in. A key tip we like to give people who might be unfamiliar with the area is to drive around think about if the area is a good fit with your needs and desires.
Once the price and area are picked we work together to narrow down the list so that you can make your selection. Once you've picked we make an offer. Sometimes the offer goes through, other times we get a counter offer, and sometimes the deal just doesn't happen. But with this 3 step program and going through the steps together we've found that it works time and time again with great success.