Home Buying in Fort Worth>Question Details

Karen, Both Buyer and Seller in California

how do you buy a home in texas before moving there, don't want to rent or move twice?

Asked by Karen, California Sun Mar 30, 2008

need to know how you can qualify to buy a home before you move. Or do you have to live there, get a new job in order to qualify for a loan?

Help the community by answering this question:


You can do this. Do you plan to visit or not. The only concern I would have is if you want to buy a home from pictures. It can be done, but just depends on how discerning you are. Typically we do this more with investors. They just look at the numbers more than design. If you plan to visit first that may make things easier for you. Do your legwork up front. Get prequalified. Figure out where you want to live....ie close to work, good schools, proximity to the airport, proximity to worship place, proximity to hobbies, price range, etc. Have your realtor pick some homes for you to see and make the most of your time during your visit. Once you decide on a house, the paperwork and closing can normally be handled long distance. You also want to make your lender aware of this is idea, because occasionally some lenders want you to sign in person in front of the closing title agent. One trick could be job and your current home. Lender may want some assurances such as job offer or proof of your home sale in CA before you are able to close on a new home. The only way to find this out though are to check with the lender and get prequalified. Good luck and let me know if we can assist you in any way.
Web Reference: http://www.teamlynn.com
0 votes Thank Flag Link Mon Mar 31, 2008
Bruce Lynn, Real Estate Pro in Coppell, TX
There are options for people who are moving from out of state. Everyone is right that has answered in that the first step is to talk to a loan officer - either at a mortgage company or at a bank. Depending on who you talk to, a loan will be structured to fit your qualifications and needs. Currently, I have a buyer who lives and works in New Jersey but is getting an FHA loan to buy a home here in TX. For you, once the loan officer has established the kind of loan that will work for you, you can start house hunting. We have some great deals here in the Houston metro area (Spring, Katy, Pearland, etc.) and I would be happy to help you find a home. And if you would like names of loan officers who have worked with people in your situation, I can give that to you as well. Just let me know how I can help.
0 votes Thank Flag Link Sun Mar 30, 2008
Your first step is to get qualified for a loan so you know where you stand financially. What is bringing you to Texas? If you don't have a job lined up, you will probably need to rent for a while until you find a job and then purchase, or could you start looking for a job before you move here??? Just make sure that you stay in the same line of work.

I'll be happy to assist you with a loan or house hunting. Feel free to contact me when you are ready.
Web Reference: http://www.sumnerrealty.com
0 votes Thank Flag Link Sun Mar 30, 2008
I am a Dallas real estate agent, and a loan officer, we work with families who relocate to this area.

How we work with families who relocate or investors across the country

a) Pre-approved for a home loan prior to working on a home search therefore we understand how much you can qualify to purchase
b) Interview you determine home purchase your thoughts, professional lifestyle, personal lifestyle, family likes, and if you have school aged children
c) We narrow the homes based on what you can qualify to purchase, and you overall "specifications for home particulars
d) We will personal go out to each property you have recommended an photo sometimes up to 200 pictures of the property, street, area, neighborhood and etc. and provide you a narrative for the property.
e) Based on your approval then we move forward in working on offer and etc. have the keys from the title company sent direct to you in California

Your question is nothing unusual for us to work with our clients value your opinion many homes we have sold where the buyer has never seen the property however happy with the results

Also there are some GREAT Dallas home foreclosures move in quality some 15% or more below market value.

Contact my office we can provide further assistance

Web Reference: http://www.lynn911.com
0 votes Thank Flag Link Sun Mar 30, 2008
Talk to a loan officer first. I know some that will help you make an educated desicion. Contact me via this site and I will give you emails and phone numbers. I am wondering why you would move without having a job here. I live here and love it but wouldn't want to move without a reliable source of income to pay the new mortage or rent.
0 votes Thank Flag Link Sun Mar 30, 2008
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