Stealing Second Base: Staying Alert in the Game
You are safe at first base, just 270 feet away from reaching home plate. The pitcher is focused on the next batter as you take a lead off the bag, poised to steal second base as he begins his windup. Knowing when to make a break for second base is key in your ability to successfully advance around the bases.
Get these three things in order to give you the jump you need to slide into second.
1. Go over your pre-approval. Once you have your official pre-approval letter, be sure to go over it thoroughly with your Realtor and/or mortgage consultant. Knowing what the lender is willing to provide you and under which circumstances is important when beginning your home search. Clarify any points that cause confusion to ensure you are able to make decisions to the best of your ability.
2. Set your parameters. Once you understand your pre-approval, you will be able to more accurately establish the parameters of your home search. Set a budget that you can realistically afford. Establish the mortgage loan that will best suit you and your financial needs now and in the future.
3. Get organized and be ready to go. The mortgage loan process requires a lot of documentation and paperwork to be shared back and forth. Know where these documents are and have them ready to go at a moment’s notice. The quicker you are to react during the process, the sooner you will likely close and negate stressful situations. Also, knowing your parameters and being able to make quick and informed decisions will play a huge role in how the process develops for you.
Being prepared to effectively round the bases is important in today’s market. Stay on top of your game and listen to your coach to set yourself up for a win. Knowing when to take the leap off first, sprint towards second, and slide safely in will allow you to sneak past the competition at the most opportune moment.