Mortgage Pre Qualification Tammy Verani explains why it’s important

Pre-Qualification – Tammy Verani explains why it’s important

As a NH REALTOR it’s important for us to know whether or not a home buyer is pre-qualified or per-approved for a mortgage loan before we start looking at homes for a few good reasons.

Guessing equals a waste of time and money

1.   If you guess at what you can afford and then find out later that you can’t afford what you thought you could, it will be hard for you to find anything you like when lowering your price range. You’ll always compare everything to the homes in the higher price range. This can be very disappointing, a waste of money and a total waste of your time. Your wants-needs and desires may not match your budget and it’s better to know that before you start looking.

2.   You will be in a lot better bargaining position if you can provide the seller with documentation showing that you are able to purchase. This is crucial especially if in a multiple offer situation… and yes we do still have some multiple offer situations.  Having a solid pre-qualification or pre-approval can make the difference between getting your dream home or not.

Getting pre-qualified is pretty easy

Getting pre-qualified is pretty easy and I have asked Tammy Verani from RMS, Residential Mortgage Services Inc to explain the process in this short video. Tammy will be doing a series of short videos covering the mortgage process. Tammy can be reached via cell phone  603-505-5752 if you have any questions or want to meet with her to get pre-qualified for a home loan.  If you’d like information about searching for that perfect home give us a call at 603-944-9172.

Mortgage Pre Qualification Video by Tammy Verani

Jay and Monika McGillicuddy, Southern NH and the Seacoast area real estate specialists.

Jay and Monika McGillicuddy, covering southern NH and the Seacoast area. If you’re thinking of selling or buying a southern NH or Seacoast area home give us a call…we’d love to help make your home ownership dreams come true.

E-mail Jay and Monika or call or text at 603-548-7728

Jay and Monika McGillicuddy, NH REALTORS

603-944-9172 direct

Prudential Verani Realty

603-327-0246 office direct

603-926-3648 office

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