Before house hunting, you must prove your creditworthiness to a lender to receive a pre-approval letter . Lenders typically require:
: A professional estimate of the home's fair market value required by the lender to ensure they aren't over-loaning. how to buy a house
: Maintain three months of living expenses in savings, three months of mortgage payments in reserve, and compare at least three properties before buying . Before house hunting, you must prove your creditworthiness
: The actual document that transfers property title from the seller to the buyer and is recorded with the county. Key Rules for a Smooth Process Before house hunting