Prequalification

hey guys hey peeps this is diana randall bro your local prescott pickle pizza peeps get pickled that’s right we’re enjoying a lovely day here uh having a wonderful day in the sunshine here at mark’s beer garden uh we came back again because we had such a great time and and to be honest he kind of gives us free swag yeah yeah that’s a plus ding ding ding thank you thank you thank you mark yeah it’s like have a drink on me hey i’ll take it absolutely i haven’t had that offer in a long time i’ll take what i can get absolutely so anyway we are here today to talk to you guys about getting pre-qualified pre-qualification pre-qualification totally home thought don’t leave home you’re right don’t come on a home search without yeah yeah yeah yeah um we i cannot stress upon you how important it is yeah um we kind of advise people when they’re coming in get get your pre-qualification yeah even if you’re just coming for the first visit just to see if you even like prescott i promise you you’re going to fall in love with yourself you’re going to be like i can’t get here fast enough and um so you want to get pre-called before or yeah i say prequel to be qualified because she’s made that a verb yeah yeah you want to get pre-qualified before so that way all right so let’s be clear about something you cannot make an offer on a home without some kind of pre-qualification even if you put down 20 you can put down 50 if you’re gonna put down a hundred percent you still need something you need to be able to prove that you have the funds state of verizon state of arizona one thing about arizona that’s not true of california a lot of states like that is that arizona protects the rights both of the buyers and the sellers oddly enough most people who are buying they’re also selling so arizona gets that so it tries to be fair it doesn’t rig it completely against the sellers for the buyers it’s fair and they realize that if you go under contract the seller is taking his or her home off the market and that’s not fair if the buyer doesn’t really qualify yeah so you have to prove it up front absolutely and so the good thing about getting pre-qualified is number one sometimes you qualify for more than you really think yeah so you may be thinking i can only afford 350. but the prequal comes in and says my god your your your credit score is amazing your this is amazing you can actually get four hundred thousand well there’s a big difference in a 350 to a four hundred thousand dollar house in amenities and things like that yeah you get a lot for your money here in prescott yeah so [Music] you got a lot of money you’re impressed so like if if you can get a home that’s 50 000 more the increase in quality would be something that you would expect to see in say california for my like a hundred thousand that’s right each incremental amount that you pay buys you a lot lot more so and here’s the thing and so or the prequel may say uh actually you need to lower your price yeah and or they may uh say you know there’s something on your record that you need to clean up that you might not even know you have you may have something from 10 years ago and you’re like oh dear god that was on my record i didn’t think that was a big deal you can clean it up and then you get a higher credit score which helps you get a lower interest rate your interest rate the better your credit the lower your interest rate and pre-quality is easy that’s the other thing we tell tell people you need to get pre-qualified you think you know that’s like graduating from graduate school or something it’s not you can get it done in an hour or two yeah not even that long over the phone we can hook you up with somebody who can make that happen for you and it does not obligate you to get a loan from them yes they’ll shop so it’s something easy easy to do i can’t tell you how many times eight seven eight times out of ten people say i definitely am not going to buy on this trip and they end up waiting to make an offer they fall in love with the house scrambling you know and that’s the thing sometimes if it’s a beautiful home and it’s a great price um it’s like okay great let’s make the offer where’s your prequel oh darn it i didn’t get it because i didn’t think i was gonna buy first mistake the second mistake okay quickly let’s get your prequal uh we have a great mortgage we have several mortgage lenders they’ll work like the devil to turn that around and get it for you and then guess what happens we write up the offer and because it took a little while to get your free fall like an hour somebody else swoops and gets the house you’re supposed to be yes in particular with it with homes that are in the 200s 300s yeah if it’s nice it’s gone it’s gone yeah so it doesn’t take long so listen i always feel like two people are like you’re being very intrusive i know what i qualify for in this sense sometimes you think you do you really don’t know i’m not trying to be nosey business i’m not part of that process at all i just know in the state of arizona we have to have either proof of funds if you’re paying cash or a prequal letter to attach to your offer no if answer buts about it that’s just how arizona don’t so we’re not trying to be nosy and mind your business i’m really not it’s just part of the process here and then you feel better we feel better if when you find that house on your first trip you’re like golden yeah let’s write it up attach that offer you’re good to go yeah and it’s a wonderful feeling it is so anyway just a little advice just a little something a little be in your bonnet uh so if we ask you to do that don’t sweat it out don’t sweat it out that’s what it’s all about all right where can you reach us randall bro 713-302-1964 we’ll take you the hot line the back line right to the fresco pickle lady that’s right happy to set you up and go do a great day of shopping and find you your dream home and uh also you can reach us at the prescottpicklelady.com website lots of good stuff there and more of our wine downs right yeah absolutely so you can go back and look in history at some of the older wine downs how we’ve developed over time that’s right the way we were the way we were we’re trying to get better we really are folks we’re trying hard i’m trying to bring him up i’m trying to it’s hard sometimes i have to drag him along but we’re trying i gotta lift weight so the selfie stick doesn’t get so heavy all right that is all guys have a wonderful day thanks for listening to us take care bye