Where's The Money?

Have you ever been at a restaurant, ordered and ate your meal then went to pull out your wallent and realized it wasn't there or if it was you were going to be short on how much money you had? Well, that happens more often than not when it comes to someone buying a home. They spend a vast amount of time on the internet, driving around and visiting homes until they find the one they want to only discover later that they don't qualify for a loan large enough or not at all in order to buy it. Or, they can qualify for the loan, but because they weren't prepared another buyer who was prepared swoops in and gets the home.

Making sure your financing is in place BEFORE you start getting serious about finding a new home has only advantages and no disadvantages. Below is a small list of advantages.

• Knowledge of what you can afford.


• Knowing how much payment you can expect


• How much money you will need up front if any.


• Able to negotiate a better deal


• Advantage over other buyers who are not pre-approved.


• Close quicker on the home.

All the items on this list represent power for a buyer and demonstrate to a seller that you, as a buyer, are a solid buyer who is negotiating with integrity.

Do yourself a favor and get yourself prepared financially and you will be rewarded greatly when you go and buy that dream home.