Maryland Real Estate Professionals
w/ REMAX Realty Plus
5 Things You Must Absolutely,
Positively Know Before You Buy Any Home!
1. Don’t Get “Pre-Qualified”! Do you want to get the best house you can for the least amount of money? Then make sure you are in the strongest negotiating position possible.
Price is only one bargaining chip in the negotiations, and not necessarily the most important one. Often other terms, such as the strength of the buyer or the length of escrow, are critical to a seller.
In years past, we’ve always recommended buyers get “pre-qualified” by a lender. This means that you spend a few minutes on the phone with a lender who asks you a few questions.
Based on the answers, the lender pronounces you “prequalified” and issues a certificate that you can show to a seller.
Sellers are aware that such certificates are WORTHLESS and here’s why!
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