Tag Archives: Home Buyers

Why Should I Get a PreQualification Letter?

You won’t go grocery shopping with out knowing how much you can spend, don’t go house hunting with out a pre-qualification letter from a  Colorado state qualified lender. You should get a pre-qualification letter from a qualified, State of Colorado recognized & licensed mortgage lender. This can be as easy as a phone call. You will be qualified for a certain amount of money and type of loan. This pre-qualification will give you an idea of what kind of property a lender will or won’t lend you money for. For instance if you need an FHA loan the letter will say that, … Click For More

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What’s a Buyers Listing Agreement?

A buyers listing agreement assures your buyers agent that you are serious about buying a property and that you, the buyer want your REALTOR to get paid. Your real estate agent has put in time, energy, effort and money into finding you a property. You don’t work for free why should your real estate agent? This agreement doesn’t obligate you to your agent, it insures that they get paid. An agent can get paid by the hour, a flat rate, a percentage of the sale by you the buyer or the seller or sellers agent can paid a buyers agent. … Click For More

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