Pre-approval is the process of applying for a loan without having to pay any money.  It helps potential home-buyers see what loan products are available to fit their needs, determine their maximum budget, and make sure monthly mortgage payments fit within their budget.  Most importantly, it ensures that buyers meet the Lending stipulations set out in the future Purchase Contract and close on their new home in timely manner.  The best part of Pre-Approval? It's free!

On average, most homes can be put under contract and closed on within a 30 day timespan-- but, this is just an average.  The time duration can vary due to the chosen loan products or current workload of the bank, title company, and appraiser at the time your future home goes under contract.  Certain loan products, like Rural Development loans, may take longer than the normal 30 day time-period.  It is always best to discuss, with your JCS Agent and Lender, the pros and cons of selecting a more non-traditional loan product prior to making an offer on a home.  Of course, in the event there is no need for a mortgage, a home can be purchased much quicker than the traditional 30 days.

A home is the most expensive item most of us will ever buy, and most, if not all, home inspections will cost less than 0.5% of the Purchase price. Having peace of mind knowing your investment is sound is more than worth it.  Putting a home under contract is just the beginning when you're a Buyer. In most cases, the purchase agreement will specify a duration of time in which the Buyer can hire a Home Inspector to inspect the home.  A Home Inspector is a licensed professional who specializes in analyzing the current condition of the property for any defects, potential maintenance items, and/or sub-standard contruction practices which he/she will then list in a report for the home buyer.