Get a Mortgage Pre-Approval
An important ingredient in a successful home search is knowing how much you can afford. You don’t want to fall in love with a property only to find out it’s outside your price range.
That’s why we recommend getting a Mortgage Pre-Approval. This is a document from your bank or other lender stating how much of a mortgage they are willing to give you. There are two advantages to getting this pre-approval:
It gives you the peace-of-mind of knowing you can afford homes you view on the market, and won’t have problems arranging financing.
It’s a sign to sellers that you are a serious, prepared buyer – which gives you the edge when making an offer.
You can arrange for a Mortgage Pre-Approval with your bank or other lender, or by working with a good mortgage broker. We are well-connected in the local real estate scene, so if you want us to recommend a reputable broker or lender, please contact me.
Costs to Owning a Home
There are various costs that come with owning a home. Having knowledge of these costs and knowing your true budget is very important when buying a property. From closing costs, to monthly expenses, we are here to guide you through every step and empower you to make the right choices.
Common costs include: