BEING A SMART BUYER and Benefiting 2 Great Charities at the same time!

Financing a house is not a quick overnight process. Being pre-approved when submitting an offer shows that you are a serious and organized buyer.

Knowing how much the bank is willing to lend you and knowing how much you want to spend will put you in the fast lane to becoming a new homeowner!

I would be more than happy to set you up with a personalized property search site based on your needs and wants, reject properties and save the ones you want to visit or consider.

Start today by contacting me for any questions you may have.

(605)333-8994 or email: sold@richhahn.com

Pre-Approval: While knowing how much you can afford is the first step, sellers will be much more receptive to potential buyers who have been pre-approved for a mortgage. You'll also avoid being disappointed when going after homes that are out of your price range. With a Pre-Approval, the buyer actually applies for a mortgage and receives a commitment in writing from a lender. This way, assuming the home you're interested in is at or under the amount you are pre-approved for, the seller knows immediately that you are a serious, qualified buyer for that property.

 * Be Objective: Instead of thinking with your heart when you find a home, think with your head. Does this home really meet your needs? There are many houses on the market, so don't make a hurried decision that you may regret later.

* Make a list of needs and wants: The needs are the must haves (i.e. number of bedrooms, accessibility, etc) The list of wants are your wishes, things that you would like to have (i.e. pool, den, etc.)

* Be Thorough: A few extra dollars well spent now may save you big expenses in the long run. Don't forget such essentials as:

•           Include home inspections & mortgage contingencies in your written offer.

•           Have the property inspected by a professional inspector.

•           Request a second walk-through to take place within 24 hours of closing. You want to check to see that no changes have been made that were not agreed on (i.e., a nice chandelier that you assumed came with the sale having been replaced by a cheap ceiling light or the wooden blinds).

*Be represented by a Professional: Hire your own real estate agent, one who is working to represent your best interest.

All the above may seem rather overwhelming. That is why having a professional represent you and keep track of all the details for you is highly recommended.