Yes, you should investigate whether you can qualify for a purchase. In order of priority, here's what I would suggest you do:
1) Find a RealtorÂ® to work with to protect you interests. You can check to make sure an Agent is a RealtorÂ® by going here: http://www.realtor.org/rofindrealtor.nsf/pages/FS_FREALTOR?O
Your RealtorÂ® will be able to answer initial key questions and guide you through the process.
2) Obtain a "True Pre-Approval" (your most important step in my opinion).
Note that you may need to improve your credit score, increase cash reserves, etc. before buying; however, at least you will have a roadmap to eventually purchasing if this is the case.
3) Make sure you have access to your local RealtorÂ® MLS data via an automated search.
MLS Data Accuracy â€“ Where to search if youâ€™re â€œwithout RealtorÂ®â€
4) Avoid dual-agency!
Best Regards, -Steve
I can show you these great homes and get you in contact with a great lender who will work hard for you.
Your first step would be to speak with a mortgage professional. There are several loan programs out there to choose from and an experienced lender would be able to help you choose the one that's right for you. I prefer Donna Kreig, a Senior Loan Officer, at Prospect Mortgage. She can be reached at (661) 816-8425.
Below is a link to more information about lending and the homebuying process (be sure to watch the video!):
Let me know if you have any further questions!
Melissa Goodermont, REALTOR, B.B.A.
Prudential Troth, REALTORS
Choosing a lender is one of the most important steps of the home buying process. I have several lenders who I recommend highly. Below is one of the contacts I have found to be reliable, efficient, and, most importantly, honest. I'm sure he would be happy to speak with you regarding becoming prequalified. If you are interested in speaking with someone else, I would be happy to provide you with additional contact information.
661 206-6345 Office
661 406-5629 Cell
661 206-6382 Fax
DRE ID: 01299857
Keller Williams Realty
Cell: 661-733-2196 Fax: 661-538-2808
1401 West Rancho Vista Blvd Suite B
Palmdale, CA 93551
DRE License #: 1712313
The first step is to speak with a lender, call Paul Porteus at Prospect Mortgage , his cell 661-547-1250.
After that you will then be able to look at homes, and I can do that for you.
I look forward to working with you.
Tanara Stoebe Realtor
Once you find a local mortgage lender, call them and ask them to pre-approve you for a mortgage. Only by going through the application process are you going to get the answer you're looking for.
Best of luck.