Believe it or not, there is a right way and wrong way to purchasing a property when you need a mortgage. Doing things in the wrong order could jeopardize your chances of your offer being accepted and ultimately lose out on the home of your dreams.
Being prepared and in a position to move forward is essential when looking to buy a home. You’ll be competing with other buyers out there, all looking at the same properties. If you’re not in a position to commit to reserve a home to buy, you’ll risk losing out to better qualified buyers.
If you need a mortgage to be able to purchase a property, be sure to speak to a bank first. Being “Pre-Approved” is a must in todays busy market. Once the bank gives you the green light on your “Pre-Approval,” you can then start on your house hunting journey!
For more information and guidance on the buying process on the Costa Blanca, download a complimentary copy of my “Spanish Property Buying Guide For 2022.” Head to: www.BuyMyHomeInSpain.com