Pre-Approval in Washington DC
Home Buying tips from Entourage Residential Group.
Today we are talking with Tammy Bjorge from George Mason Mortgage Llc. about the differences between a pre-qualify and a pre-approval in Washington DC. In today’s fast moving real estate market buyers need to know the importance of having the pre-approval letter in hand when you are out looking at homes in the Washington DC metro area. What if you walk into an open house this weekend and fall in love on the spot? What is your next move? Can you make an offer to the sellers if you are not even sure how much you can borrow?
Would you go to Costco without knowing how much money is in your wallet? Yet everyday buyers start looking at homes before they know how much they can spend. There is nothing worse than wanting something, only to find out that you can not afford it. Or buying something only to find out that you could have gotten something better! The absolute 1st step in looking for a home is finding out how much you can afford. Remember, what you can borrow and what you are comfortable borrowing may not be the same. Taking the time to consult with a professional like Tammy will allow you to make sound decisions void of any time constraints or pressure to “make it happen now”. Once you have established a budget that you are comfortable with and gotten all the necessary documents to the lender you will receive your pre-approval in Washington DC. Now you are able to go shopping with the confidence that you can act immediately and secure the home of your dreams. Depending on your particular situation you may even have the option of eliminating the financial contingency altogether. Putting you in the situation to act as a “cash buyer”. A pre-approval in Washington DC could mean the difference between getting the home of your dreams or a nightmare. And with something this important to you and your family it is worth the time and effort to be prepared for the home buying process.
Once you have the money part together you need a real estate group that will listen to your needs and respect your request. If you need a 5 bedroom home and somebody show you all 3-bed homes you would fire that somebody. And in the same respect in you have a pre-approval in Washington DC for $600,000 and your agent is only showing you $900,000 homes there is a problem. The Entourage Residential Group promises to only show you homes that meet your criteria. Buying a home can be an overwhelming process so Entourage Residential Group of Keller Williams Capital Properties has good advice for 1st time home buyers, move-up buyers, and Investors. Before you start driving all over Maryland, DC or Virginia looking at homes, call or text Entourage Residential Group.
After you watch the video you can apply for a loan below. Once you have your pre-approval in Washington DC, take a minute to look at homes for sale in Maryland, DC, and Virginia.
Loan Originator NMLS# 1119419
44160 Scholar Plaza | Suite 400 | Leesburg, VA 20176
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