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Anita Kay
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Buyer Tips | Seller Tips | General Tips | Real Estate Glossary

With home prices and interest rates increasing, many buyers are having to stretch themselves financially to buy a home, especially first-time buyers. Most purchase agreements allow buyers to get out of the contract if they can't qualify for a mortgage, so be sure to get some reassurances before you make a commitment to buyers. Most contracts now require timely loan applications and pre-qualifying letters from the lender.

There is no way to be absolutely certain that buyers will be able to obtain financing, but I will eliminate those who are not financially qualified. As a real estate professional, I help buyers determine what they can afford and whether there are financing alternatives that can stretch their buying power. My training and experience enable me to resolve difficulties quickly to avoid wasting time.

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