Well the summer may be almost over, but the housing market here in Ottawa is hotter than ever. Homes that are priced properly are selling as though it were spring time. I myself sold my last listing in only 3 days for 99% of the asking price!
If you are thinking of buying or selling now is the time to do it. My advice to friends has been to get it done before the winter hits. The mortgage rates are still at all time lows but won't last for long.
Don't waste time waiting for the best deal in town, there is just too much competition out there right now. Let me find a place that has all of your NEEDS covered, and we can work on the WANTS after that. No house is perfect for everyone, and it is important to distiguish that fact.
If you are thinking about buying, or you know of someone who is, please don't miss the boat on these low mortgage rates, contact me as soon as you can. Alternatively, if you or someone you know is looking to sell your home, with all these buyers out there, it is a no brainer that a well priced home, that is marketed properly and shows well, will sell quickly.
Sincerely,
Andrew Miller
Sales Representative
Keller Williams Ottawa Realty Ltd.
Brokerage, Independently Owned and Operated
610 Bronson Avenue
Ottawa, Ontario
K1S 4E6
Office: (613) 236-5959
Direct: (613) 447-7669
Fax: (613) 235-1515
Email: amiller@kwottawa.ca
Showing posts with label pre-approval. Show all posts
Showing posts with label pre-approval. Show all posts
Thursday, September 3, 2009
Monday, July 13, 2009
Pre-approvals
Many buyers call their lender seeking information about financing. In the process, they become pre-qualified. That gives them a good idea of what they can afford, or more accurately, what loan amount they qualify for.
You should take it one step further, however, and ask to be pre-approved. When you become pre-approved, you actually apply for a loan. The lender checks credit, verifies employment, and often verifies that you have sufficient funds to close. Then once you find your dream home, just about the only thing left is the appraisal.
The reason savvy buyers obtain loan approval before shopping for a home is that it strengthens their negotiating position when they make an offer. All sellers want to sell their home to a pre-approved buyer.
Pre-approval can also cut days, even weeks, off the closing process.Pre-approval can really help you to determine your price range, which helps you narrow your choices of homes to buy. You will already know how much you can afford before you even start looking.
Call or email me if you would like the name of a lender to pre-approve you for a loan, or if you have any questions about preapproval. I am happy to help.
You should take it one step further, however, and ask to be pre-approved. When you become pre-approved, you actually apply for a loan. The lender checks credit, verifies employment, and often verifies that you have sufficient funds to close. Then once you find your dream home, just about the only thing left is the appraisal.
The reason savvy buyers obtain loan approval before shopping for a home is that it strengthens their negotiating position when they make an offer. All sellers want to sell their home to a pre-approved buyer.
Pre-approval can also cut days, even weeks, off the closing process.Pre-approval can really help you to determine your price range, which helps you narrow your choices of homes to buy. You will already know how much you can afford before you even start looking.
Call or email me if you would like the name of a lender to pre-approve you for a loan, or if you have any questions about preapproval. I am happy to help.
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