Gut check or credit check

Gut check or credit check.

Buying a house it probably feels pretty similar.

Bradenton and Sarasota are the same as anywhere else in the country right now.

Yes, you can get a mortgage, yes you can get a bargain on a home, and yes your credit has to be passable unless you are buying with cash.

Any good real estate agent is going to ask you right off the bat if you have seen a loan officer.

You can go out window shopping all you want but if you don't have a loan pre-approval letter you might as well doing the proverbial you know what in the wind.

There are potential homebuyers who pre-qualify on line and believe they can get a mortgage for a mansion or think that their less than perfect credit score has magically fixed itself.

Wrong on both counts.

You need someone to pull your credit to find out if you can get a mortgage.

A good loan officer will also know people in the credit repair business that will help you bring your score up so that you can qualify for a mortgage.

Finding out what you can and want to spend on a monthly payment first will make your home shopping experience a whole lot easier.

All the best
Greg Owens PA
Keller Williams Realty of Greater Manatee
941.779.5149
greg@teamworksfla.com