Chicago Real Estate Guide for Buying
Smooth the Way
Questions - Call me at 312.810.6693 or email tedsoldit@gmail.com
Before you begin the search:
Get Pre-approved (Not Pre-qualified) – Benefits of pre-approval are the
certainty there are no unknowns on your credit report, the amount of mortgage
you qualify for and costs of the transaction (how much money you will need up
front). A pre-approval letter is required by most sellers.
Warning: Once you have applied for a mortgage do not make any major
purchases, change jobs, apply for credit, change bank accounts, etc. These
transactions (and others) negatively affect your credit score.
Here are mortgage/lender referrals:
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