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Pre-Qualify For Your Mortgage
Welcome > For Buyers > Mortgage Prequalification ...

Why Pre-Qualify First  

If you are ready to buy a home and take the next step in your life then you probably feel the pressure and anxiety that goes along with this difficult decision. You are probably eager to get any information you can get about real estate as well. Of course, it does help to get all the information you can before buying a home. 

The First Thing you will want to learn before buying a home is how much you can qualify or afford to borrow. This means that you should also check out your credit so that you know where you stand. You will want to get pre approved by a mortgage broker or lender. You will also want to look for payment and prepayment options so that you can subtract a few years from your mortgage. After you have been pre approved and know where you stand with your payments, it is time to start looking for a house to buy. 

When you are looking for a home you should only buy a home that is perfect for you. So, before you begin shopping, you should make a list of everything that you want to have inside your home, based upon your needs and desires. Of course, you should also know where you are willing to compromise, just in case there is a need to do so. 

A reputable Realtor will be able to help you find your perfect home. When meeting with your real estate agent you will discuss how much money you want to spend and what you are looking for in a home. Your Realtor will also know where to find these properties for you. So, they can help you find the home that is best for you. 

A Realtor will also provide you with a list of homes that fit into your budget and have the features that you need and desire. Once you have this list you should go for a drive and check out the homes and neighborhoods. Look at the home’s appearance, location, safety, schools, accessibility, shopping and proximity to recreational activities. If you do not find something of interest at first, then continue to look until you find what works best for you. Your Realtor can let you know when new homes come onto the market and give you tours of any home you care to look at. They can also give you information about neighborhoods that you are unfamiliar with. A good Realtor will want to go out of their way to help you. 

In order to get the most out of purchasing a home, you will want to make sure to hire a Realtor whom you feel you can trust. Your agent will truly help you to purchase a home. They will give you tips and pointers and want to ensure your satisfaction. As such your Realtor should do everything possible to help you find your dream home. Of course you can purchase a home without a Realtor but it will take you longer and you will not get all of the help and amenities that a Realtor has to offer.  

We can help you pre-qualify for your mortgage. It's our job! This is free and without obligation... 

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Real Estate Tips
First Time Buyers >Structural Contingency

If you have a house for sale your buyers will probably include a structural inspection contingency in the contract. This allows them to have an expert check out the house, the major systems and the appliances.

A professional structural inspector can help buyers to "know" the house and to feel comfortable with it, but the inspection does not result in a pass or fail grade. The buyers will learn important facts about the house, such as where the water cutoff valve is located, in case of an emergency. The inspection may also help buyers set up a budget for repairs and determine if they want to invest in cost-effective measures to increase energy efficiency.

Buyers rarely back out of a sale after a structural inspection. Even if there are problems, you have the opportunity to negotiate a compromise and to avoid any obstacles that could seriously threaten the sale.

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Real Estate Trivia
Q 
Where would you go to enjoy a soak in the world's largest bathtub?

A 
The Spa Resort Hawaiians in Fukushima, Japan, offers an outdoor soaking tub that occupies a total area of 10,760 square feet and can accommodate 1,500 persons at one time.
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The Texas Team, REALTOR®, real estate agent and broker for Plano, Allen and McKinney, Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

The Texas Team
RE/MAX Premier Properties 1

5501 Independence Parkway
Plano, TX 75023
972-599-3309
Fax: 972-314-9434
charles@dallasreos.com

The Texas Team has sold over $500 million in residential real estate since 1998. Whether you are a buyer or a seller, you can count on us having only your interests in mind. We represent buyers and sellers all over the DFW metroplex and we specialize in all areas north of LBJ in Collin, Dallas, Denton and Rockwall counties.


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