Buying a Home in Pittsburgh
If you are just starting the process of buying a home or if you are ready to purchase right away, we will make the process easy to understand, and clear your path to close on a home that fits your criteria and budget. After an initial conversation with you, we will assess your needs and direct you to lender contacts to begin the process of getting pre-approved for a home loan and entering your criteria into our system. Within an hour or so, you can be receiving emailed listings of homes that fit your specific criteria and price range. Once you identify the homes that you like and want to see, our team will set up showings to see the homes in person. When you find the home you want to purchase, we will guide you through the home inspection process and all the way through to closing.
You can also search for homes directly from this website using the SEARCH Tab, or if you have a Facebook account directly from our Facebook Page. Just visit and Like our Page at https://www.facebook.com/danhaeckrealtor/ and click “HOME SEARCH MLS” from the left menu on a desktop or click “Use App” on a mobile device. That’s it, you are searching directly from the MLS with great features that make it very user friendly. If you find a home that interests you, just contact us and we will set up an appointment to see it.
Mortgage Process and Pre-Approval/Approval Preparation Checklist
A pre-approval is a preliminary credit check and gives you a general idea of your financial ability as it relates to purchasing a home. Obtaining a pre-approval is an important part of the home buying process. Knowing that you can get financing and how much you can borrow comfortably goes a long way to ensure that you are searching for a home that is within your financial capabilities. A pre-approval is an essential part of placing an offer on a home to show the seller that you are qualified financially. It also shows the seller that you have taken the time to talk to a lender and are a serious buyer for their home. This approval process strengthens your offer, especially in competing offer scenarios and can greatly reduce the time it takes to close on a home. If you are prepared, the process can be brief. Here is what you should have before you call for a pre-approval:
□ Name, address, and social security number for each person applying for the loan and for your current landlord or Mortgage Company, if applicable.
□ Photo ID (Driver’s License or Passport and Social Security Card)
□ The sources of funds that you will use for down payment and closing costs
□ Your bank name and the balances of your checking and savings accounts
□ Two months most recent Bank Statements (all pages, even if they are blank)
□ The value of any stocks, bonds, mutual funds, or any other assets that you own
□ Net worth of any businesses that you own if applicable
□ Your gross monthly income, listing salary base, commission and bonuses separately
□ Two years most recent Tax Returns and W2’s or 1099’s
□ Employment information dating back two years and have your two most recent paycheck stubs
□ Income such as child support and alimony if borrower wants it considered for loan repayment
□ Social Security, retirement, or dividend and interest income
□ Credit cards or installment loans
□ Other properties you own such as rentals, 2nd homes, or investment properties
□ Alimony or child support payments if applicable
It is important to know that the following actions occurring after formal mortgage application can dramatically alter your credit score or debt to income ratio’s which could prevent you from closing on your home purchase:
Changing jobs or becoming self-employed
Major purchase such as a vehicle or furniture (do not make any substantial purchases)
Use of credit cards or late payments
Spending money saved and designated for your down payment
New inquiries on your credit report
Large deposits (unless typical) into your bank accounts
Changing bank accounts
Co-signing of a loan for anyone
Our team has developed good working relationships with several lenders that we now know and trust as reputable from years of past experience with them. If you have a lender contact that you consider reputable, contact them for a pre-approval. If you need a lender recommendation, we would be happy to provide you with one upon request.