Yes. It is strongly recommended that you seek pre-approval before looking at specific houses. This will let you know precisely what your budget will be. Additionally, in today’s fast-paced real estate market, if you have not been pre-approved by the time you see a house and wish to make an offer, the house may sell to someone else before you can make a pre-approved offer.
Definitely not. Having the owner home makes the buyers feel uncomfortable. This is why you need to find a real estate agent that you can trust and that you are comfortable will represent you well.
Unlike doctors and lawyers, who get paid by the appointment or by the hour, real estate agents only get paid if they help their clients make a sale or a purchase. Typically, 6% of a home sale’s price is shared between the seller’s and buyer’s agents. For every hour your agent spends with you, they spend nine hours on average working on your behalf setting up appointments, coordinating open houses, filing paperwork, etc…
There are many factors that determine the true value of your home. Don’t just rely on online estimates or tax record assessments. There’s too much at stake to guesstimate. Please feel free to submit a request for a free, no obligation home valuation.
Before you begin to look for homes to purchase, you should consult with a mortgage professional to determine what home loan you may qualify for. Pre-qualification means that a lender has given you a preliminary estimate of the amount you may be able to borrow based on limited financial information. Pre-approval means that financier has agreed to work with you after taking a deep look into your financial situation.