Getting Started in the Home Buying Process: You Got Pre-Approved…Now What?

Now that you are pre-approved, determine if your qualification for a mortgage is what you expected. Are you able to buy the type of home you had in mind or do you need more time? Purchasing a home is one of the largest, if not the largest purchase, you will make in your lifetime so it’s important to get it right.

To do that, you need to understand the local market and determine what is most important to you when buying a home.

Here’s where finding the right agent can help you to:

Define Your Priorities

1. Location, size, and type of home.

2. Must-have features versus nice-to-haves.

Research the Market

1. Study average home prices in desired areas.

2. Consider current interest rates and market trends.