My Best Advice on Financing (as a Realtor)

I’m not a lending professional, but as a Realtor I certainly work closely with them and know from experience what kinds of practices and behaviors can make the difference between my clients closing on a deal and losing out.

Your lender will give you all the best advice on loan types and terms and specifics, but here are the general best practices that I find help buyers most:

Get Prequalified with a Lender Before Looking for Homes: There is no point in looking at million dollar homes when you qualify for 900,000 homes. You also don’t want to waste your time parsing through properties you don’t like at a price point below what you will actually qualify for.

If Paying in Cash, Get Confirmation from Your Bank: I once had a client tell a seller, “Just Google me” in order to demonstrate proof that they had the funds to complete a purchase. The seller did not appreciate that strategy, as you might imagine. Being able to show the seller that you have the required funds to close the transaction is required, and preparing for that in advance will help everything progress smoothly.

Those are two of the areas where I find that a little bit of preparation goes a long way to preventing deals from following through.

If you have a lender you already like, that’s great, and if you have no idea where to start you can call me, I work with great lenders who, like me, are not pushy and only want what’s best for their clients.

And, as always, the best way to get started is to simply call / email / text me and we’ll connect about your real estate goals to get the ball rolling!