Monday, February 07, 2005

Home Buying Season Begins

According to a CNNMoney Article, Kick off! Game plan for home buyers, the home buying season doesn't really kick off until after the SuperBowl.

So if you are ready to contact your real estate agent to buy a new house, there are a few things to do first. Most important, get pre-approved for your mortgage. If there is any competition on the home you would like to purchase, those bids without pre-approved loans will get tossed out first.

Sometimes the largest downpayment can be factor, even though it shouldn't, but real estate agents have noticed that sellers tend to gravitate towards bids with the highest downpayments.

Click here to be contacted by a Los Angeles or Southern California real estate agent.

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