Jay Quigley says Tampa homebuyers should get mortgage pre-approval before looking at houses. Without it, you'll lose out when the right property appears. Pre-approval shows how much you can borrow and what your monthly payment will be.
Have you ever seen a house online and instantly think, that's the one? You start picturing yourself living there, your furniture in the rooms, your art on the walls. Now imagine it's gone before you even had a chance to act. Unfortunately, I've seen that happen because buyers waited too long to get pre-approved. So here's my advice. Do it before you even start looking, because if you wait too long, you might fall for a house that's out of your price range or lose out on the one because you're scrambling to get the financial paperwork together. And trust me, you won't want that. Pre-approval should be one of your very first steps. It'll help you figure out what you can borrow, your price range, and your future monthly payment. And it sets you up to act fast if you find a home you really love. So here's my question to you, if you have a move on your mind. If the perfect house popped up tomorrow, would you be ready?
Waiting for a major market shift in Tampa before selling may not be your best move.
