Castle Rock Rich
Castle Rock Rich
Castle RockCO 80109
 (720) 744-2670

What is the First Step of the Home Buying Process?

What is the First Step of the Home Buying Process?

If you are in the market for a new home, don't make the mistakes that so many others have made in the past. Too many home-buyers jump right into the home buying process without obtaining pre-approval for a home mortgage. The average real estate agent will show you homes without such pre-approval, but your offer(s) might not be taken as seriously as those submitted by parties who have secured pre-approval.

The Peace of Mind You Deserve

Can you imagine submitting an offer for your dream home and not being able to make the purchase because you are not approved for your requested home loan? This nightmare has played out for countless people across the country. Do yourself an enormous favor by obtaining pre-approval for a home mortgage before you actually start your home search process.

You will be empowered to make offers in full confidence with a lender's pre-approval in hand. Your pre-approval will detail the amount of money you can borrow, allowing you to narrow your home search process to properties within your budget. This way, you won't waste your time (or your real estate agent's time) checking out highly priced homes that are out of your true price range.

Do yourself an enormous favor by obtaining pre-approval for a home mortgage before you actually start your home search process.

An Air of Legitimacy

You will likely receive much more attention from Realtors as well as home sellers when you have obtained a home mortgage pre-approval. Realtors view such buyers as much more legitimate than those who have not obtained pre-approval. This is precisely why they will be willing to invest their time and effort into pairing you up with a new home.

Pre-approval for a home mortgage also sends a clear message to home sellers. They will take your offer more seriously than those submitted by parties that lack pre-approval. Statistics show that buyers who have been pre-approved enjoy significantly higher offer acceptance rates than those who have not been pre-approved for a home loan.

Some sellers will even accept a lower bid from a party that has obtained pre-approval. In some instances, sellers will be willing to cover closing costs or throw in some home appliances to close the deal with a pre-approved buyer.

Rich Pinckney Realty

The home search process can be quite stressful. Rich Pinckney Realty is here to make your life easier. We invite all home-seekers to check out our property listings. Our real estate team is also available to help those who would like to sell their property.

We are even running a special promotion for our customers. Buy, sell or refer a friend to us and you will be entered to win a cruise! The drawing will be performed on Randomizer.org on New Year's Eve of this year. Contact us today by dialing 720-744-2670 to learn more about our real estate services.

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