Here today, gone tomorrow. With a strong economy Minot's housing market is fast moving. There is a saying I seen in a car dealership once about the same car you looked at yesterday maybe the same one someone else looked at the day before and bought today. I in no way think buying a house is a quick decision to make, however if you have invested in a home already you know that when you find "the one" there is something different about it. It is alot like dating, you know if it is going to work out or not.
When you find "the one" in a good housing market like our's it may not be there tomorrow. To insure this does not happen it is important you get pre-approved before starting your home search. This not only will make sure you don't miss out on "the one" but will let you know what the bank has approved you to spend and to determine if you are comfortable spending this amount. Your lifestyle should not change for a mortgage so it is important you find the payment you are comfortable with.
Items needed for Preapproval:
1. 30 days of paycheck stubs
2. 2 years of W-2 forms and full tax returns
3. 3 months of bank account statements
