Purchasing a home involves multiple steps. Buyers will be viewing homes, choosing a home, making arrangements for moving, and possibly selling a current residence. With so much to do, where should buyers start?

Before any of this process begins, buyers should get pre-approved by a lender. This involves consulting with a mortgage professional to determine how much the buyer can afford to purchase. It is essential to start here. Why? First, it gives buyers realistic parameters for their search. No one wants to view and fall in love with a home they can’t buy due to financing issues. With a practical price range in mind, buyers can partner with a real estate agent to consider appropriate homes. Secondly, a pre-approval will strengthen any offers the buyer makes. If sellers can confirm the offer is from a qualified buyer, they are more likely to take it seriously and be willing to negotiate.

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