Buyer Tip: Get Pre-Approved

If you aren't planning on paying cash for your home, one of the first steps you should take is to get pre-approved. You can get pre-approved from your bank or lender. They will ask you a few questions and ask you to collect some documents. After that they will have an idea of what price range you are looking for as well as different options for your loan. This will help your realtor keep you on budget when you are looking at homes. Having a pre-approval letter also shows sellers that you are serious and are a qualified buyer.