Purchasing a home is likely one of the biggest decisions you will ever make. Whether this is your first purchase, or you are an experienced buyer, this decision must be made carefully, and having an experienced top Realtor, like Susanna is extremely important. Click here to learn more about Susanna’s extensive experience.
Understanding your Goals
Susanna will invest substantial time upfront with you to fully understand your property-buying goals and needs. Susanna’s unprecedented local experience ensures your valuable time is spent focused on the right opportunities. Neighborhoods and price points in Los Angeles can vary from block to block and Susanna’s extensive local knowledge will help you focus on the areas and properties that best suit your needs and budget.
If you are not familiar with a particular neighborhood, Susanna will give you a guided tour of the area highlighting key attributes such as school ratings, price points, market trends and neighborhood pros and cons.
Susanna highly recommends that all buyers obtain a loan pre-approval letter from a qualified lender prior to starting their property search. A lender will issue you a pre-approval letter after reviewing your personal qualifications. If you do not have an existing lender relationship, or would like a second independent opinion, Susanna can recommend experienced, knowledgeable lenders in the residential, construction, and investment real estate fields.
Not only does a pre-approval inform you as to how much you can afford to comfortably purchase, a pre-approval letter is required when making an offer on a property. So having a pre-approval letter not only gives you the confidence you are looking in the right price range, but it also allows you to respond quickly when you do find the right property.
A qualified lender will typically be able to issue you a complementary pre-approval letter within one week and will likely need the following information:
- Bank accounts, 401K statements, investment accounts
- Credit cards and auto loans
- Recent pay stubs
- Tax returns for two years
- Credit score (the lender will research your credit score)