Step 2 of the home buying process…

by John on February 24, 2018

(1. Find a Great Real Estate Agent)

Second step – after you’ve found a great agent and discussed your budget, is to get pre-approved (if you’ll be borrowing) or shift assets and get a verification of funds letter from your financial source.

Most sellers (especially banks selling REO inventory) REQUIRE a pre-approval letter or verification of funds letter WHEN YOU MAKE AN OFFER.

We’ll help you with this process and make sure when you get “Good Faith Estimates” from lenders – you are comparing “apples to apples”. We’ll also discuss the do’s and don’ts during this period with regard to “credit impacting” items.

Getting pre-approved helps you to narrow your search (price wise) and focus on homes within your realistic budget; prepares you for writing your first offer; and gives you confidence in your ability to finance your new home.

We’re with you every step of the way!


Louisville, KY – your home…our home.

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