Buyers are so excited to go looking at homes that they attempt to put the “cart before the horse.” Having a Realtor tell them to talk to a lender first often deflates their enthusiasm. This shouldn’t be the case as talking to a lender will actually eliminate frustration in the long run.
We have a successful track record with buyers and have a process that starts with loan pre-qualification, continues with a buyer consultation and then culminates in searching and purchasing a home.
The biggest problems that arise with “just looking before talking to a lender” are:
Finding the perfect home and then losing out to another offer because someone else was ready with their lender pre-qualification while the hopeful buyer had to go through the pre-approval process before placing a legitimate offer.
Finding the home of their dreams and then learning the ugly truth that buyer can’t qualify for that particular home or price-range. After this disappointment, it is very difficult to keep from comparing all other homes to the one that got away.
Finding out that buyers need to wait or take care of a few things in order to qualify for a home loan. In the buyer’s mind, they were already purchasing, packing and re-decorating their new home. Putting the brakes on that is a huge disappointment.
It’s very easy to eliminate this frustration by talking to the lender first. No one should feel like they are inconveniencing a lender by discussing loan options and whether or not they qualify. We work with several lenders who work to pre-qualify buyers on a daily basis and will gladly talk to our clients about their potential buying power.
To set up your consultation and see where you rank with buying power, just give us a call!
Liz Contreras - 602-402-4268
Buddy Contreras - 602-370-7400
Author:BuddyandLiz Contreras Phone: 602-402-4268 Dated: October 18th 2016 Views: 910 About BuddyandLiz: ...
"How fast did your agent respond to your questions: 5 out of 5
How well did your agent use technology: 5 out of 5
How helpful was the support staff: 5 out of 5
How good was the auxiliary services we recommended: 5 out of 5
How did the closing go: 5 out of 5
How close did we meet your expectations: 5 out of 5
How likely are you to recommend us: 5 out of 5
Services used: Buy
How did you find us: Internet Search
Your most memorable moment
When, after looking at many, many possible properties, he took us to the home we purchased and made that experience go so smooth.......we needed to close in 3 weeks, which we did, and he walked everything thru quickly and all went simply great. We also had Mark Ulloa help us buy a small house so our kids could live close to us. This also was done expertly and with ease. I couldn't think of any other Realtor who could have handled our needs any better.
The moment you'd rather forget?
No. His is always on time, prepared and professional...........what more could you ask for.
We met Mark Ulloa from online ads and were trying to start the looking/buying process ahead of coming to Casa Grande to buy a house. He worked with us for many weeks, and when we came to the area and met with him, he had 5 days filled with possibilities. We were so pleased with his ability to listen and try to find what we were looking for. We did so on the 5th day. He put it all together within the 3 week time for closing etc. We couldn't have had a better experience. We have purchased homes in other states before much like this one, and can honestly say this was our best experience yet. We highly recommend Mark Ulloa and know he will give you the best service.
Not at this time, but always tell people about Mark Ulloa and our good experience with him. Thanks Sharon Logan"