Hey. Thank you for joining me on the Get Me Ready To Buy Podcast today. Today, we're going to be talking about money and getting preapproved. You know, as a buyer, you need to partner with a professional, and that's going to be a real estate agent or maybe a lender. A lender is another professional that you need to have working with you. And part of that is the lender's responsibility to help you plan the money. How much money are you going to need? How are you going to get the money to pay for the home if you're not going to be paying cash for it? If you don't already have all that money saved up, where are you going to get it? So today, we're going to be talking about pre-approval, what it is, why it's important, and the kind of cash that you'll need.

• 3:15 - Why is preapproval important?
• 6:05 - How do you get pre-approved?
• 7:39 - How long is it good for?
• 14:12 - How much cash should a buyer have to buy a home?
• 18:58 - Discuss gifts and seasoning
• 26:10 - Top 3 things to NOT do before closing on a home

Well, I hope today's podcast was helpful to you. Not only did you understand maybe a little bit more about the importance of getting preapproved and how it's not so scary at all, neither the lender nor the agent. None of the professionals are going to pass judgment on you, making you feel bad or guilty about your past. All we're focused on is helping you right now in the present to have a better future by becoming a homeowner and building equity by building your own wealth and the equity that you do have in your home. That's what we are concerned about. Not how you got in the shape you're in, But how can we help you right now to be ready to buy a home soon or some point down the road because it may take a little bit of If you're in one of those markets where Becca is, please reach out to her to see if she can help you. If she doesn't have a loan product that can help you, somebody else might. But start with her. And if you're not one of those markets, check out Guaranteed Rate at rate.com. Again, the links are going to be in the show notes or in the description here. Whether you're listening to it on a podcast or watching it on the YouTube channel, Also, remember if maybe the preapproval stuff isn't your thing, Maybe you've already had all that taken care of, but you're not sure about some other steps. You can get a score that shows you how ready you are to buy at Readytobuyscore.com. Pick a few statements. It tells you exactly where you are in the process and what you need to focus on. I'll help provide you with a specific game plan for becoming a homeowner. As always, I hope that you'll give us a 5-star review for what you found helpful today. You'll share this, and you'll actually subscribe to the podcast so that you're the first to get any new information that comes out or as soon as new episodes drop. If you're also thinking about selling a home, You can go to the podcast, Readytosellscore.com, or search for it on YouTube or wherever you get podcasts. I hope you have a blessed day. Thank you for hanging with me today, and I look forward to helping you purchase your next home with confidence.