Avoid This Common Mistake When Buying! 🚫🤯

February 20, 2024

By Isabel Guzman, Realtor®

Video Transcription

Buyers, don't make this mistake!

if you are thinking about entering the market to purchase a home,don't miss this crucial process!

Hi, I'm Isabel Guzman Broker Associate and Realtor with eXp realty.

Great news, buyers! Entrance rates are inching down and there is more inventory on the market so, as a buyer before you start picturing yourself in your dream home. You must do one important step you must meet with a trusted lender while  affordability is still a little tight, meeting with a lender to get pre-approved will put you in a better position as a buyer.

It will also give you a better picture of your finances and what you can truly afford. A pre-approval from a lender, is an indication that they are willing to lend you a certain amount of money based on your credit and income.

The combination of working with a great lender and an agent is your golden ticket to understanding what you can afford. This way you can stick to your strategic budget and not fall in love with a house that you can't afford it also puts you in a better negotiation position with the sellers as they know you are a serious buyer, who's already undergone a credit and financial check.

So before you go out and start shopping, be sure to meet with a trusted lender and an agent to start your pre-approval process. It will save you time stress and a lot of headaches knowing what you can actually afford versus what you cannot If you'd like to learn more about the housing market in our area, please feel free to contact me anytime let me help you with your next strategic move to home ownership.

I'm Isabel, bringing you home.