Finding a Home
Hopefully you checked out Financing a Home before hopping over here but if not, I understand. Finding a home is the exciting part. Having your financing in place first saves both you and your Realtor® time and energy when searching for your new digs. That's not to say you need a check in hand but knowing you can actually qualify for a loan and how much for, really helps you and your Realtor® narrow down the property list. There's a lot of houses out there y'all.
What was that? You're not going to use a Realtor®? That's just plain looney. I can give you a whole slew of reasons why you should use a Realtor® (and I will) but the two most obvious are: they protect you from being taken advantage of by the seller (who is probably using a Realtor®) and the seller is footing the bill.
There are plenty of other misconceptions out there, too. Some are even worse than the Realtor® one. Did you know people actually believe there is no Santa Claus. Crazy, I know! That's like saying; “Short sales take a year to close.” or “Working with the seller's agent will get me the best price.”