1. Pre-qualification acts as a dry run of the loan application process. The mortgage lender will use details you provide about your credit, income, assets and debts to arrive at an estimate of how much mortgage you can afford. The whole process may take only minutes or a few hours at most, and is free.
2. While a “pre-qual” is non-binding to the lender (because the information you provide has not been verified), it does serve as a good indication to potential sellers of your general creditworthiness.
3. These days most sellers will NOT accept an offer without at least a pre-approval letter, so if you are serious about buying this is the first step towards getting you in your new home.
It depends if you are buying or selling. Right now, it’s a Seller’s market due to lack of inventory and as a result of low interest rates, we have a lot of Buyers competing for the same homes. The real estate market is always evolving so for up-to-date information, contact me.
If you send me your address, I can give you a general idea based on recent neighborhood sales. For a personalized market evaluation, I will need 10 minutes to quickly walk through your home so I can assess what makes your home special and hopefully worth more than the recent sales.
Not all agents are the same. Top dollar requires preparing the home, having a strategic marketing plan, contract expertise and excellent communication skills. As your trusted advisor, I will manage the entire transaction from start to finish, making it as stress free as possible. Check out my reviews!
Since 2005. Joining Coldwell Banker in 2015 was an excellent decision and offers my clients the benefits of working with an International Brokerage.
Preparing your home so it’s ready to be seen by potentially thousands of agents and buyers. Marketing plans are customized to fit your specific needs. For example, your home will be showcased with professional still and drone photos, a custom website, flyers, direct mail, newspaper, The View magazine, social media ads, a professionally produced TV spot on an exclusive Coldwell Banker television show, and much more!
There isn’t a specific timetable for how long it will take to purchase a home. Finding the right home is the first step and we can find it for you in as little as a day. Ultimately it depends on current market conditions and inventory levels which are constantly changing. It’s important to work with an agent who knows the market and can educate you on the process once you’re ready to move forward.
The first step to purchase a home is to find a reputable mortgage broker or lender and get pre-approved. You can take this one step further and ask a lender to give you a “fully under-written” pre-approval, which means your loan is ready to go and just waiting for a purchase contract. Knowing what you are approved for will give you the confidence you need to get out there and find your perfect home!
The close of escrow date is negotiated when you submit an offer to purchase a home. It’s written into your purchase contract. The average escrow takes 30-days but you always have the option to make it shorter or longer. This is a date that will be mutually agreed upon by both the Buyer and Seller.