Cash or Mortgage ?
Paying cash is the easiest way to cut through a lot of the red tape that accompanies buying property. It will save you a considerable amount of money, allow you the leverage to negotiate a better price and save considerable time in the buying cycle. Cash closes can be as little as 10 days but on average are about 30 days. All you require for a cash purchase is Proof of Funds to accompany the sales offer (this is usually a current bank statement or equivalent).
If you intend to finance you will want to secure a per-qualification letter from your mortgage broker. You should make getting a per-qualification letter your first priority as a seller won’t accept a financed offer without one. We can assist you through our finance associates so that you have one in hand by the time you begin viewing properties.