Realtor®
Prep Phase - In Detail
In the prep phase, we’ll lay the foundation for a successful home-buying journey. This involves securing your mortgage preapproval, clarifying your needs and priorities, and narrowing down neighborhoods that match your vision.
Key Steps in the Prep Phase:
Mortgage Pre-Approval
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Connect with a trusted lender to determine your budget.
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Understand your financing options and get preapproved for a mortgage, so you’re ready to make a competitive offer.
Pre-Approval is Crucial—Here’s Why:
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Budget Clarity: Understand exactly what you can afford before you start your search.
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Competitive Edge: Demonstrates to sellers that you’re a serious and qualified buyer.
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Faster Process: Complete key application steps upfront to streamline your purchase.
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Negotiation Strength: Gain trust and credibility with sellers, giving you leverage in negotiations.
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Financial Confidence: Know your financial position clearly, avoiding surprises later.
Define Your Home Needs
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Discuss your must-haves, deal-breakers, and lifestyle preferences.
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Prioritize features like size, layout, amenities, and proximity to work or schools.
Explore Areas
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Research areas that align with your budget and preferences.
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Consider factors such as schools, commute times, and local amenities to ensure the perfect fit.
Trusted and Local Lenders
Here is a list of many great companies to provide lending services for you. Tell them Stetson Coursey sent you!
