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It’s very easy to stick out to home sellers in the Sun Coast. You just need to be pre-qualified for a mortgage. It makes you nearly as good as a cash buyer! If you’re not pre-qualified for a loan, most sellers won’t even look at your offer.
To explain some things today, I have Mike Tullio with Guaranteed Rate. Mike says that the first step in your home search process should be to get pre-qualified. The market is extremely competitive, so this is a necessity. You need a legitimate letter that proves a professional has studied your credit and finances, and can vouch for your ability to afford a home.
This will also help to determine what kind of home you can afford, and this makes the home search process much easier. This is one way to set yourself up for success. You don’t want to waste time looking at homes that you cannot afford. You will need to submit a lot of documentation to Mike, but this process is all worth it. You will be an attractive buyer, and you will also know exactly what kinds of homes to look for. This also speeds up the process for you!
Sellers on the Sun Coast should also be aware of this and only look for pre-qualified home buyers. This is the safest way to guarantee that a transaction will go through smoothly.
If you have any questions or concerns about this process, you can contact Mike here, or simply reach out to me.
I look forward to hearing from you!