Don't Go Shopping for a New Home Before You Know Exactly How Much You Can Spend! 
Be prepared to find your dream home. We
strongly suggest that our Buyers apply for a loan and obtain loan approval in
the beginning stages of looking for a home. There are many benefits for being
pre-approved such as:
a. Looking at homes that fit within your price
range saves you time and frustration.
b. Since most homes are "contracted" on weekends,
having a pre-approval letter will allow you to present an offer immediately,
without waiting for banking hours.
c. A Seller will take your offer more seriously;
since they know that you qualify for their home.
d. It may also give you an advantage if more than
one offer is received on a property.
e. Once your contract is accepted, events happen
quickly towards your closing. Your mortgage will proceed in a timely manner
since you have already been pre-approved by the Lender. We have preferred list
of mortgage lenders who will be able to get you the information that you need.
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Financing Your Home >If You Are Self Employed
There's no question that it could be more difficult for you to get a mortgage loan if you are a free lance viola player than if you are a government accountant. Traditionally, lenders have been more cautious when evaluating loan applications of buyers who are self-employed than people who work for a regular salary.
However, if you are self-employed, there is no reason for you to shy away from applying for a home mortgage loan, especially if your earnings have been in the same field for at least two years. It is a good idea to meet with one or more loan officers before you begin your search. They will probably want to analyze your tax returns for the past 2 or 3 years, keeping in mind that many self employed people can look impoverished on paper, since you can write off some expenses that salaried individuals can not. Try to get pre-approval from the lender, and ask for a letter stating that you have pre-qualified for a loan which your real estate agent can attach to any offer you submit on a home. This will make you more attractive to the sellers.
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| Q |
What is the largest city square in the world?
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| A |
Located in Beijing, China, Tianamen Square, called the "Gate of Heavenly Peace", covers 98 acres. |
 See More Real Estate Trivia > |
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The Croney Team
RE/MAX Masters
425 East Southlake Blvd.
Southlake, TX. 76092
Nancy Croney: 817-781-9464
Jocelyn Croney-Sandruck: 817-781-9463
Linda Eilenfeldt: 817-909-1092
Keith Croney: 817-781-9465
Fax: 817-488-4768
Email: Nancy@CroneyTeam.com
The Croney Team is a family team and together have over 35 years of real estate experience. We've been voted "Best Realtors in Dallas" by D Magazine and we'd like the opportunity to show you why. Our goal is to provide our clients with knowledge and care that exceeds their expectations. Call us today about our services.   
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