When you’re looking to buy a home, the first thing most homebuyers do is start the process of house hunting. However, experience proves that this is one of the last steps you should be taking if you want to get the most home for the least amount of money. In fact, shopping for the best financing should start long before you start shopping for a home.
This report outlines 3 important steps you should take to obtain the best financing rates when you buy a home. Read on to find out where you can enquire, what questions you should ask, and how to manage the process to your personal advantage.
3 Critical Questions to Ask
When you’re looking for an agent to assist you in finding a home, make sure you find out the answers to these important questions:
Can you get me quick, easy, and FREE mortgage preapproval?
Can I get preferred access to special low-down payments, monthly payments, and interest rates?
Can I get special advance notice of listings that computer-match my home buying criteria?
You owe it to yourself to benefit from these cost-saving benefits.
1. Get Preapproved for a Mortgage
We have all heard of a "pre-approval letter" and I think we have a good idea of what one is but let me ask you this: Consider you were selling a home and you had two offers, Buyer A with only a pre-approval and still needs to get fully underwritten and Buyer B, fully underwritten same as cash. Which offer would you pick?
The problem is that most buyers running around out there are only as qualified as Buyer A. They have a "pre-approval letter" that's only as good as the paper it's written on.
2. Receive Preferred Access to Special Financing
Agents that conduct hundreds of real estate transactions every year may be able to offer you special programs through their preferred lending partners such as our guaranteed same as cash financing with a guaranteed 21-day close, or our cash offer program that makes you a cash buyer so that you can compete against the cash buyers in today's competitive market, as well as many other programs that we offer in order to make your offer unique and very strong in today's market.
3. House Hunting Service
Most agents offer some form of MLS access or an offer to "send you some listings" with the promise in return that if one of the homes they happen to send to you fits your needs then you will purchase it from them (mostly these are listings that you can find yourself online).
What we do is a bit different. One of our expert agents will schedule an appointment with you to go over the home buying process step by step and figure out exactly what your perfect home looks like. Then they will start looking for your perfect home not only from available inventory they will also look at foreclosure, pre-foreclosure, for sale by owner, and our exclusive list of off-market properties available only to our VIP clients to find the perfect home for you.
This gives you our clients exclusive access to these homes before they become available to the general public and helps you beat the other buyers to the best deals.
To learn more about our VIP buyers program please make sure to call (714)-406-1414.