Qualifying a buyer ensures the real estate agent and prospective buyer client have a reasonable chance to successfully close on a new home.
While questions may vary from agent to agent many begin the process with a simple what, when and how approach. With these questions answered then more detailed questions will begin.
- What are your goals? Investment property, first home, move up home, retirement home.
- When do you need to move? The usual timeline for the home purchase process that may take 45-90 days in this area of Florida. Start too soon and sellers will likely not want to accept an offer if they must delay closing. Start too late and the process of locating a house, inspections, appraisals, surveys may take longer than the desired timeline.
- How will you pay for your new house when you find it? If a mortgage is going to be used, has it been pre-approved? What is the amount? What is the budget? If a cash buyer, do you have proof of funds?
Another question you will likely be asked early on is whether you are working with another real estate agent or have a buyer's representation agreement with a Realtor®.
If you are seeking a local Brevard County, Florida mortgage professional, although I have no "secret" list, I can provide some suggestions including many my customers have successfully utilized.
If you are ready to buy a home in Melbourne, Florida, give me a call at 321-693-3850 and lets discuss how I can help you. If you prefer, send me an email.