Would You Go Driving Without a License?

  Going house hunting for real estate in Charlotte NC without a mortgage pre-approval is like going driving without a license.  “Could” you get in a car and drive without a valid driver’s license? Sure, but there’s consequences you’re taking a risk at incurring.  Same thing with going out house hunting to buy real estate in Charlotte NC without having a solid pre-approval.

  You could be the safest, most conscientious and careful driver on the road but without that driver’s license as proof you’ve been given approval to drive…you don’t belong behind the wheel of a car.

  When it comes to buying a home in Charlotte NC, you could have phenomenal credit, tons of savings and assets, a steady income and be a borrower every lender would love to work with BUT without that stamp of official pre-approval for a mortgage….you don’t belong out house hunting for real estate in Charlotte NC.

   Oh, but you know you’re a great driver.  Wonderful, but unless the DMV has issued a driver’s license verifying they agree it’s irrelevant.   When it comes to buying a home in Charlotte NC, even if YOU know you’re a qualified borrower, until a mortgage lender has issued a pre-approval verifying that they agree, you’re not ready to be out house hunting.

   Driving without a license can carry penalties.  House hunting without a mortgage pre-approval to buy a home in Charlotte NC can lead to disappointment, frustration, finding “the one” only to learn it’s not within reach, having to start back at the beginning when you learn what you can really qualify to borrow, or even worse that you really can’t realistically buy a house right now.

   Put yourself in the driver’s seat (home buying search) by all means, but know that you’re secure and officially supposed to be there.  Get the pre-approval from a mortgage professional BEFORE going out and house hunting.  Aren’t you worth it?  I think so.

Related Articles: Pre-Approval and Buying a Home in Charlotte NC

To-Do List Before Buying Real Estate in Charlotte NC

Staying Within Your Means When Buying a Home in Charlotte NC

Are Lenders Still Loaning Money for Real Estate in Charlotte NC?

Copyright©2009 by Diane McDermott, All Rights Reserved, “Would You Go Driving Without a License?”

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About dianemcdermott

Diane is deeply passionate about serving single and divorced women home buyers, first time home buyers and new to the area buyers navigate the Charlotte area home buying process. Having navigated separation and divorce she has deep respect for the stress of transition and need for a home living situation that supports and nurtures. She connects and guides clients as they navigate the home buying process, transitioning to a space they'll love calling home. McDermott Real Estate
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