Richard Weisser offers some very good advice to home buyers prior to starting their search. Getting pre-qualified is becoming common place and it only makes sense to get this important step out of the way first.
Donna Yates, Coldwell Banker High Country Realty 706-633-0644 or 706-632-7311
Coldwell Banker High Country Realty Donna Yates, Associate Broker, GRI
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706-632-7311 x252 Office
274 West Main Street
Blue Ridge, Georgia 30513
706-633-0644 Direct or 404-941-5152 Leave Message
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Coldwell Banker High Country Realty
Donna Yates, Associate Broker, GRI
Most home buyers know that the first step when purchasing a home is to secure financing. What many may not know, is that you not only need to be pre-qualified but you also need to know the TYPE of loan that will be obtained.
Some loans add additional burdens on the contractual parties, and it is very important that everyone knows their duties and responsibilities at the time of agreement.
Changing the type of loan in midstream often requires amendment and mutual agreement, and can delay the approval process.
The best time to “shop” for a loan is prior to making an offer. A qualified loan officer can assist you with all the options and the ancillary requirements.
And getting all of your “ducks in a row” first can save a lot of headaches down the road!
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