Here are 2 major items a potential home shopper needs to begin to think about before finding a realtor.
Many people find it useful to have a home buying checklist. And, on any good checklist these 2 things should be the first items on that list. They are essential to getting the ball rolling on your dream of home ownership.
The 2 major items a potential home shopper needs to begin to think about before finding a realtor is to:
- Determine how your credit looks. Luckily in this computer age there are many ways for us to easily and quickly check our credit and fico scores. There are multiple sites out there to view your credit for free. Two that we like are www.freecreditreport.com and www.creditkarma.com. If you have a credit score below 640 you may want to dive deeper into your report to see if there are opportunities to increase that score. Dispute errors you notice directly with the credit bureaus. Make sure you are current with all your monthly payments. And, reduce debt where possible.
- Get a pre-approval from a mortgage professional. Once you know about your credit you should contact a mortgage professional and work on a pre-approval. But, don’t just pick any mortgage professional. They are not all created equal. Do your research so that you can feel confident that the person you pick is knowledgeable and will take care of you as if they were buying their own home. Happy shopping!!!
If you have any questions about either of these items, please reach out to us today at 303-457-5811. We are happy to answer any questions.