Frequently Asked Buyer Questions
So, you want to buy a home. This in itself is a milestone, for with it you’ve taken the first steps in the journey to homeownership. Your personal journey will be uniquely yours, complete with surprising struggles and unexpected successes.
Here at Virtuous Realty Group, we make finding and buying your new home as easy as 1-2-3. If we are being completely honest, buying a home can be scary. It’s likely that your home will be the biggest purchase of your life. Virtuous Realty Group is committed to putting the right tools at your disposal so that you will find, and purchase, your dream home!
Whether you’re a first-time homebuyer or looking for more space, we will equip you so that you can continue down this path to achieve the stability, financial security, and joy that comes with owning your dream home.
Why should I work with a real estate agent?
When it’s time to hire an agent to help you buy your home, we are confident that you will find your home here with us at Virtuous Realty Group; but take the time to interview a few agents before you make a commitment. We are confident that you will find your home here with us at Virtuous Realty Group when it’s time to hire an agent to help you buy your home, but take the time to interview a few agents before you make a commitment.
Make sure you’re comfortable with your choice because finding the right home takes time. Not only will you be spending a great deal of time together, but you never want to feel an agent is rushing you to close a deal – especially one that doesn’t feel right to you.
What’s the difference between pre-qualification and pre-approval?
Shopping for a home before getting pre-approved for a mortgage is the equivalent of walking into a grocery store without a wallet. Yet, the vast majority of homebuyers don’t get a loan pre-approval for the house hunt. So, what is a pre-approval? For one, a pre-approval is different from a pre-qualification.
Pre-qualification The lender relies on information provided by the buyer to estimate how much the borrower could qualify for.
Pre-approval The lender verifies the borrower’s information and documentation to determine exactly how much it would be willing to lend to that borrower.
At the end of the day, we acknowledge how scary and overwhelming this process can be.
Buying a home doesn’t have to be complicated or scary and we are here to walk with you through every step of the way. If you’re in the market to buy a home please call us today to start the process of finding your dream home!