When you’re buying a home, you want the process to go as smoothly as possible. To make that happen, you need to work with your Realtor and lender effectively. Here are the top 3 things you can do to help ensure you get into your new home as quickly as possible.
1. Take a Team Approach – Both your Realtor and your lender want you to get that new home. They are on your side and cheering you on. Therefore, always think of them as your “home team.” It’s never “you against them.” No matter what happens, you’re all in it together. Keep them both on speed dial, and lean on them for help and guidance as needed.
2. Communicate Often – Part of being a team means you’re in constant communication. You should feel confident that your Realtor and lender will return your calls, texts, and emails promptly. You need to do the same for them. Also, keep your Realtor in the loop with the mortgage process. Your Realtor can often offer a fresh perspective to any home-buying related challenge.
3. Don’t Make Sudden Changes (and if you must, consult your team) – When it comes to getting a mortgage, stability in all areas of your life is key. During the mortgage approval process and in the time leading up to closing, don’t do anything drastic, like buy a new car or quit your job. Sometimes, however, life happens, and there’s no way around a major change. For example, suppose you get an offer for your dream job—the one that you’ve been working toward for years. Before you accept or decline it (or do anything drastic), check with your team to get their advice and perspective on how this decision may hinder (or help) your mortgage approval.
Getting a new home doesn’t have to be stressful. Your Realtor and lender are there to help make your dream a reality. Work with them effectively and you’ll be in your new home sooner than you ever thought possible.
Whether you’re applying for a mortgage or wanting to sell your home, you can find many great real estate tips on our Facebook page. If you’re thinking about buying or selling a home, we can help! Contact us today!