Best Financing: A 3-Point Plan

"shopping for the best financing should start long before you start shopping for a home."

Best Financing

When you’re looking to buy a home, the first thing most home buyers do is start the process of house-hunting. However, experience proves that this is one of the last steps you should be taking if you want to get the most home for the least amount of money. In fact, shopping for the best financing should start long before you start shopping for a home.

This report outlines 3 important steps you should take to obtain the best home loan financing rates for when you buy a home. Read on to find out where you can inquire, what questions you should ask, and how to manage the process to your personal advantage.

3 Point Plan

3 Critical Questions to Ask... When you’re looking for an agent to assist you in finding a home, make sure you find out the answers to these important questions:

1. Can you get me a quick, easy and FREE home loan Approval?
2. Can I get preferred access to special low down payments, monthly payments and interest rates?
3. Can I get special advance notice of listings that computer-match my home buying criteria?

You owe it to yourself to benefit from these cost saving benefits.

1. Get Approved for a Home Loan at NO cost or Obligation!

Getting Approved for a home loan will give you a number of important benefits including emotional security in the house-hunting process, and insurance against rising interest rates in the market place. Loan Approval is easy, and can give you complete peace-of-mind when shopping for your home. Phil Throckmorton can obtain a home loan Approval for you at no cost and no obligation. More than just a verbal approval from your lending institution, a written Approval is as good as money in the bank. It includes a completed credit application, and a certificate which guarantees a mortgage to the specified level when you find the home you're looking for. Approval means no last minute shopping around for money and rates. With a home loan Approved mortgage, if rates go up, you still get the approved rate, but if rates go down, you receive the lower rate with NO Cost.

2. Receive Preferred Access to Special Low Financing

Agents that conduct hundreds of real estate transactions every year may be able to offer you certain negotiating advantages with lending institutions. These lenders are often anxious to do business with such agents and their clients, and may be willing to extend better than average rates.

This can make purchasing a home much easier and more affordable for many buyers to qualify for a minimum down payment, and low monthly payments. Therefore many more buyers can own the home of their dreams much sooner then they ever thought possible.

3. House-hunting Service

Most agents offer a house-hunting service to make it easier for you to find the home you want. Through these programs you can find out in advance which homes on the market match your home buying criteria. To do this you simply provide your agent with a brief description of the type of home you’re looking for, for example, number of bedrooms, price range, neighborhood and so on. Then you should receive advance notice (including pictures) of all the homes for sale that match your requirements. This will give you the competitive edge to find out before other buyers which homes that are likely to be of interest to you. Because you are there before most other buyers, perhaps you can even negotiate a better price. You can then drive by these homes, without the assistance of an agent, to see which ones you want to view. Then it’s simply a matter of you advising your agent about which homes you like and want to see.