Published by Lucia Brzezinski
QUICK TIPS FOR BUYERS
Are you looking for a place to call your own in Northern Michigan?
Here are some tips for buyers wondering where to start in the process:
Will you be paying cash or financing?
If you are financing, the first step is to get a pre-approval letter. You can get this from your bank.
Why do you need a pre-approval letter?
A pre-approval letter will tell you how much a bank is willing to lend you for a mortgage. Many buyers think their budget is $xxx,xxx but a lender will ultimately tell you what kind of price range you should be looking at. A pre-approval letter is an offer (but not a commitment) to lend you a specific amount which is good for about 30-90 days (date ranges may vary depending on the bank).
What does a lender look at for a pre-approval?
Lenders will look at things such as:
- Income
- Assets
- Credit Score
- Debts
- Employment Verification
If you are looking to buy real estate, I recommend obtaining a pre-approval before viewing homes to buy.
Call me today to get started. I will help you navigate a transaction from start to finish.
EXCLUSIVE HOME BUYER GUIDE
CLICK THE LINK BELOW TO ACCESS MY FREE EXCLUSIVE HOME BUYER GUIDE:
Review 10/04/2022
“I would like to say, that Lucia Brzezinski, Realtor; Coldwell Banker Fairbairn Realty Did an awesome job for me. I will give her five stars. She was always a pro. We always the discussed ideas on how to sell the property. I was willing to help at just a small phone call. Very friendly right up front, I would recommend her for anything you need to sell in real estate. She is young and eager to help anybody. And she does a very very good job. Thank you very much.”
Review 2/28/2023
“Lucia did exactly what I asked of her. I despise realtors that try to direct people to what they want to sell. She answered all of my questions and found out the information that I needed for me to make the purchase that I was looking for.”
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