Santa Monica Real Estate Questions answered by Megan Valnes

Q. What is important to know about home buying in Santa Monica, Venice, and West Los Angeles right now?
A. The most important thing to know about buying a home right now is the need for an approval letter from a lender!  If you are serious about buying then get yourself approved before you write an offer on a property because regulations right now are very strict and banks need to know you are qualified to buy. Saying “But I have great credit and money in the bank” is great, but it will not get you through escrow.  Get you approval letter ASAP if you really want to buy a property.

For any real estate needs contact Stacey and Megan Valnes from Sunset Park Realtors!

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