Why you Should get Pre-Qualified Before you Sell your Home
Friday - 5/13/2016 1:17 pm
Michelle Dietz

There are some very simple rules that you can follow to avoid costly mistakes when selling your home.  The first, and most important is do not sell before you get pre-qualified to buy your new home.  If you sign a contract to sell your house before you are pre-qualified to buy another, you are asking for trouble, here is why.  Your financial circumstances may have changed since your last purchase and you might not be able to qualify for a loan or you might not be able to sell at a price that allows you to buy the replacement house you want. You could end up renting or buying something that is far from ideal. So be vigilant, get pre-qualified before you make the jump to sell.

When getting pre-qualified, finding a lender that you feel confident and comfortable with is key. Shop around for rates and different loan programs to see who will be the best fit for you.  They are NOT all the same.  Once you find THE ONE, then talk with a REALTOR to get your home listed on the market.

For more Real Estate Tips visit my website at                                   Michelle Dietz Real Estate

Click here for this weeks Real Estate Minute Seller Tips Before Buying

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