Sunday, March 25, 2018

How to Stay Qualified When Shopping for a Home in the LBI Real Estate Market

LBI Home Buyer Qualification



How to Stay Qualified When Shopping for a Home in the LBI Real Estate Market

Long Beach Island NJ Real Estate Buyers

So you have decided to buy a home in the LBI real estate market! Great! Unless you are a cash buyer you will be in need of a mortgage to complete the transaction. It is advisable that before shopping for a home on Long Beach Island that you speak with a lender to understand what you can comfortably afford. This will result in the generation of a prequalification or a preapproval letter. These documents will convey to a seller that you are able to complete the purchase. These documents are however based on timely information provided to the lender from the buyer so understanding how to stay qualified when shopping for a home in the LBI real estate market must be understood by all buyers and investors.

By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
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