Hi, I'm George Nelson and I help consumers understand the home buying process. No matter if you are a first time home buyer, investor or in need of help with your existing mortgage, feel free to use me as a resource. Most of us have heard all about the housing market in the news over the last several months, most of what we've heard is "scary" to say the least. Well, it is my intention to help you make sense of it all.
I'll start with those of you looking to purchase a home because, it can be the least complicated if you are working with the right team of people to help you through out the process. Let's get started!
You probably have an idea of what area and how much house you need to meet your needs. The first step in the home buying process is getting preapproved for a home loan. I mean you wouldn't go to buy groceries without any cash, would you? Same thing with purchasing a home. Getting a preapproval letter from a your lender makes you the equivalent of a cash buyer in the eyes of prospect sellers. An approval letter also gives you some negotiating leverage, since the saler sn't waiting for you to find someone to finance you. Getting preapproved also give you some insite as to what you can afford and the type of payment you will have once you find the perfect home. After all what good would it do to find the perfect house just to find out you'd need two extra jobs just to afford the payments.
The approval process usally can be done over the phone and only takes a few minutes of your time but will save you weeks and a ton frustration down the road. At the Nelson Group we help you get preappreoved and I do it for free, visit my site at www.thenelsongroupmo.com to get more info
