Once you find a home that you really like, you must be ready to act in order to beat other competing buyers. That is not the time to "sleep on it"; it's not the time to make a list of the pros and cons of the home; it's not the time to start shopping for a loan and to find out what you qualify for and what amount of a payment you are comfortable with.
All of those things should be done BEFORE you find the home you like, or you're likely to be disappointed when someone else buys your home.
You should discuss with your realtor what features are on your wish list - which items are "needs" and which items are "wants". Talk with one or more lenders to find out what you qualify for, the different types of loans and their pros and cons, and to obtain a pre-qualification letter or preferably a pre-approval letter.
That way when you find a home you really like, you will have gathered all the important information in advance, be ready to act and have a better chance of beating other buyers to your home.
Click on "Read More" at the bottom of this page to read the rest of REColorado's article.
Whenever you are ready, here’s some ways that I can help with your real estate goals:
1) Free Access to search the Denver MLS for all homes currently on the market: Denver Home Finder Service Property Search
2) Join me for a home tour - Home tours are Monday thru Saturday at 2:00 pm or 6:00 pm - choose your tour here
3) Request a specific search that sends all the homes that meet your parameters as soon as they come on the market - that way you can beat others to the best homes. Send me an email with "specific search" in the subject line and your wish list - Price range, school district, style, minimum number of bedrooms, etc. - Vickie@DreamsCanHappen.com
4) Receive a Home Loan Report –There are so many different loan programs. Do you need 20% down payment to purchase a home? Are there special programs for first time home buyers? What does CHFA mean? What's the difference between a FHA loan and a Conventional loan? Send me an email - - Vickie@DreamsCanHappen.com with "Home Loan Report" in subject field and I'll send it right over.
Also….check these out??
Denver Home Finder Service
Denver Home Seller Service