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    re beginning to look at specific homes. It's only common sense: foundation stone first and keystone last. Well, let's get down to basics. Let's see how best to start laying that foundation stone to ensure that you stand the best chance of actu
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    Build a house and you start with the foundations. Seems pretty obvious, doesn't it? But buy a house and too many people focus just on what they see above ground, forgetting that it's as necessary to lay good, solid foundations for buying a house as it is for building it. Perhaps, as a prospective homebuyer, you see great interest rates and a buoyant housing market, and you're not convinced of the need for thorough preparation. You could find, though, that you don't get to buy your dream home, but instead pay the price for not being prepared by losing out to someone who has done the necessary legal and financial spadework.

    “The business of America”, declared Calvin Coolidge, “is business”, and you should make it your business to recognise that buying a home is the biggest business transaction you're likely to make during your lifetime. So, use your head before you lose your heart (and perhaps your money) to that dream home. Complete the preparatory steps before beginning to look at specific homes. It's only common sense: foundation stone first and keystone last. Well, let's get down to basics. Let's see how best to start laying that foundation stone to ensure that you stand the best chance of actua

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    e as it is for building it. Perhaps, as a prospective homebuyer, you see great interest rates and a buoyant housing market, and you're not convinced of the need for thorough preparation. You could find, though, that you don't get to buy your dream home, but instead pay the price for not being prepared by losing out to someone who has done the necessary legal and financial spadework.

    “The business of America”, declared Calvin Coolidge, “is business”, and you should make it your business to recognise that buying a home is the biggest business transaction you're likely to make during your lifetime. So, use your head before you lose your heart (and perhaps your money) to that dream home. Complete the preparatory steps before beginning to look at specific homes. It's only common sense: foundation stone first and keystone last. Well, let's get down to basics. Let's see how best to start laying that foundation stone to ensure that you stand the best chance of actu

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    eam home, but instead pay the price for not being prepared by losing out to someone who has done the necessary legal and financial spadework.

    “The business of America”, declared Calvin Coolidge, “is business”, and you should make it your business to recognise that buying a home is the biggest business transaction you're likely to make during your lifetime. So, use your head before you lose your heart (and perhaps your money) to that dream home. Complete the preparatory steps before beginning to look at specific homes. It's only common sense: foundation stone first and keystone last. Well, let's get down to basics. Let's see how best to start laying that foundation stone to ensure that you stand the best chance of actu

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    siness to recognise that buying a home is the biggest business transaction you're likely to make during your lifetime. So, use your head before you lose your heart (and perhaps your money) to that dream home. Complete the preparatory steps before beginning to look at specific homes. It's only common sense: foundation stone first and keystone last. Well, let's get down to basics. Let's see how best to start laying that foundation stone to ensure that you stand the best chance of actu
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    re beginning to look at specific homes. It's only common sense: foundation stone first and keystone last. Well, let's get down to basics. Let's see how best to start laying that foundation stone to ensure that you stand the best chance of actually buying the house of your dreams.

    One of the most important preparatory steps you need to take is to initiate the loan application process. This will entail a lender running a credit check and drawing up a credit report for a modest fee of $25. You will also need to complete a loan application. All being well, the lender will furnish you with a “good faith estimate” showing the costs of the loan and the approximate monthly repayments. Pre-approval will follow pre-qualification subject to verification of the information you provide.

    So why then, is pre-qualification so important?

    1.The process involves a credit report. This might highlight the need to settle outstanding debts in order to maximize your credit score. Settling any debts, however, doesn't automatically erase them from your report - it might take months. You might perhaps need the services of a mortgage consultant to get you qualified for a loan. Whatever the problems you may exp

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