The first thing that buyers want to know, even more than what property to buy, is if they are qualified to buy a property or what would make them qualified to buy a property. There are three things that a client needs to qualify:
- Do they have the money for a down payment?
- Are they creditworthy?
- Will they be able to afford the ongoing payments?
Those are the three things the buyer needs to have to pre-qualify for any property.
The next thing they need to decide is what type of property they want. If we are talking about a first time homebuyer, do they want a co-op? Do they want a condo? Do they want a house? Do they want a multi-family dwelling?
