To Be (A Buyer) or Not To Be (A Buyer), That's The Question.
Picked up a new buyer today.
He's totally rational.
Wants twice the house for half the money.
And he hasn't been pre-approved, but wants to look at homes this weekend.
He's counting on his income tax refund to be enough for a down payment, but doesn't know how much it's gonna be yet.
Last mortgage person he talked to said he'd qualify for half of what he thinks he can get now.
Needs to go FHA, but "can do any work that needs to be done."
Before we look at any homes, you need to talk to a lender, preferably one of mine (but that's not a requirement.
If we use your lender, I need their contact info. I'll be contacting them. Like, right now.
We'll get everything squared away on the mortgage side of things, and then, the buying side of things.
Sometimes you can't get a $250,000 house for $110,000. This is one of those times. (Sellers, call me!)
Do you want to waste your time? Do you want to waste my time? Do you want to be disappointed in a month or 2 because nothing is working?
I don't want any of that, either.
Let's sit down and talk. For real.