Wednesday, July 29, 2009

Home Buying Tips: #2

Whether you're buying a home for the first time or the fifth, home investment can be a daunting process. It's an emotional time filled with difficult choices--and each decision you make has money riding on it.

This series is intended to help you save money. I hope it's helpful!


Tip #2: Once you know what you need, get preapproved with a lender.



Preapproval tells sellers that you're serious and you know in advance the maximum mortgage you can afford. When you're ready to make your offer, be sure you get your preapproval in writing for the amount you are willing to invest.

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