Even if you think you can easily qualify for a loan to buy a home, it is EXTREMELY IMPORTANT that you get pre-qualified before you go out with your Realtor to look at homes.
A.) It’s FREE to get prequalified at www.SunCoastHomeEquity.com
B.) It takes about 10 minutes
C.) It cannot effect/reduce your credit score (Fed Law)
D.) Your information is secure/confidential
Once you are pre-qualified, you will receive a “Mortgage Letter” that lets sellers know you are a “real” prospective buyer. If you are paying cash to buy your next home, you will need to provide “Proof of Funds” (such as a bank statement or other proof that you have the cash to buy).
If you find a real estate agent that allows you to go see homes without proof that you are a qualified buyer, you are working with a less experienced (or worse “desperate”) agent. That inexperienced agent is not likely to help you find the best home and negotiate the very best price possible…a mistake that will cost you $1,000’s!
