There’s no time like the present to get pre-approved to buy a home. After all you have the time and what most people don’t know is that getting pre-approved is the very first step in the home buying process. Most people like to jump straight to the search.
But what you don’t realize is how valuable the pre-approval is to the home buying process. Your pre-approval will tell you how much you can afford and it will give your Zillow searches more focus. Being pre-approved will also give you a competitive advantage when you’re ready to buy.
Today’s low inventory means that you need to be ready to move fast and an offer can not be written without it. In fact most Realtors will not even show you a house unless you are pre-approved.
So if you’re considering buying a home at some point in the next year getting pre-approved is the best thing you can do.