Planning To Buy Your First Home 〈Windows〉

A "pre-qualification" is a conversation; a "pre-approval" is a commitment. Lenders will verify your income, taxes, and debts to tell you exactly how much they will lend you. In a competitive market, you shouldn't even look at houses without a pre-approval letter in hand—sellers won't take your offer seriously without it. 3. Build Your "Must-Have" List Separate your from your Wants .

Your score determines your interest rate. A higher score can save you tens of thousands of dollars over the life of the loan. planning to buy your first home

Number of bedrooms, school district, proximity to work, or a fenced yard for the dog. A "pre-qualification" is a conversation; a "pre-approval" is

As a buyer, a real estate agent is usually free for you (the seller pays their commission). A good agent acts as your scout, negotiator, and therapist. They know the neighborhood "red flags" and can help you craft an offer that stands out. 5. House Hunting and The Offer A higher score can save you tens of