Advice for buyers
There are advantages to working with a professional lender.
Prequalification:
A lending professional can prequalify you, which will assist you in finding a home in your price range.
A pre-qualification can also provide you with more negotiating power when it comes to making an offer on a home.
Finding the right loan:
A loan broker can shop for the best loan at the best possible price, allowing you the freedom to select the loan best suited to your needs.
Efficient follow-up and teamwork:
Once the transaction has been negotiated, your lender and other sup-port teams workhand-in-hand to ensure that the loan is processed and funded in a timely manner. This collaboration keeps you informed along the way of all important details and helps in locating and handling any unforeseen situations before they become a problem.
HOW DOES THE LOAN
PROCESS WORK?
You must complete a loan application, which will re-quire personal and financial information. Your real estate agent can provide you with current financing information and can also help you select a lender.
The lender will begin the qualification process, including verification of in-formation submitted on the application and appraisal of the property.
The lender will require that you obtain hazard/fire insurance if you are purchasing a detached home. How ever, if you are buying a condominium or townhouse there may already be a master hazard policy. The lender will also require that you obtain title insurance. Your real estate agent can help you take care of these requirements well in advance.
Weichman Real Estate is a well-established real estate firm, operating since 1947, and is now in its fourth generation with the addition of Garrett. We offer a full range of real estate services from our regional office in Costa Mesa. We take pride in meeting the customized needs of our clients, with deep roots in the county since 1976. Our main goal is to provide a trusted, responsive, and convenient service, making us an excellent alternative to large, nationally-based companies. Additionally, Weichman Real Estate is committed to serving the community, having donated hundreds of hours to many area charities. Our dedication and quality service have earned us the prestigious title of one of the top real estate companies in Costa Mesa. If you’re interested in Orange County, turn to the experts at Weichman Real Estate. Let us help you make your real estate buying or selling dreams come true. You can call us at 714-241-4532 or email us at Larry@WeichmanRealEstate.com. #weichman #costamesa #realestatecostamesa #costamesarealestate #larryweichman #weichmanrealestate #costamesarealtor #sellyourcostamesahome #costamesatopagent