Rising interest rates and high inflation are making many home buyers understandably nervous. Is it a good idea to enter the housing market in Meridian, CO? Today, people are looking for strategies to help them get the best financing rates in Meridian.
In this post, our team at Your Home Sold Guaranteed Realty - Barb Has The Buyers presents realtor tips. We will cover the benefits of securing a home loan before shopping for homes. We’ll also give you access to our free guide with our three-step plan on getting the best financing rates.
Why Does Securing Financing First Benefit Home Buyers?
Many home buyers are often surprised to learn that they shouldn’t search for their dream house right away. Instead, the first step in the home buying process needs to be securing financing– not visiting open houses or showings.
So, why is financing so important? There are several reasons you should get pre-approved for a home loan right away. First, it helps you avoid the trap of falling in love with a home outside of your budget.
If you fall in love with a great home in Meridian, CO, and visit a lender afterward, you may discover that you don’t qualify for a home loan large enough to afford it, forcing you to move on to other options.
In addition, getting pre-approved for a home loan is often a requirement that most realtors have before they agree to represent you in a transaction. This is because securing financing ahead of time shows you have serious intentions to purchase– not just browse.
Similarly, having financing already in place helps you stand out to home sellers. They will also see you as a serious home buyer.
It also speeds up the closing process because the home seller knows they won’t have to wait around for you to get approval from a lender, or deal with your financing source potentially falling through at the last minute.
Our Guide On How to Get the Best Financing Rates in Meridian
To help you get the best financing rates in Meridian, CO, our real estate team has created a free guide called the “Best Financing: A 3-Point Plan.” This educational report covers tips on which lenders to visit, what questions to ask, and the most effective negotiating strategies to help you get the best mortgage rates for your financial situation.
We’re proud to offer this information to you for free so you can sit down with your lender and get the best possible mortgage rates for your new home in Meridian. To download your free copy of the guide, fill out the form at the bottom of this post.
Our Real Estate Team Can Help You Buy a Home in Meridian
If you want to buy a home in Meridian, CO, then our team at Your Home Sold Guaranteed Realty - Barb Has The Buyers can help you out.
Our professional real estate team has years of experience serving Meridian and the surrounding areas. We’ve helped thousands of home buyers find their dream homes, and we know we can do the same for you.
Through our network of recommended lenders, we can help you easily get the best financing rates in Meridian, CO. On top of that, we also offer a unique Buyer Satisfaction Guarantee that ensures you have a smooth and stress-free home-buying experience. To learn more about working with our real estate team or to download your free copy of our Best Financing: A 3-Point Plan, give us a call at 719-301-1802 or fill out the form below.
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