So you're looking to buy a home in Bakersfield, GREAT. Well, first things first, get a Pre-Approval letter from your bank or your preferred lender. Those of you that are seriously in the market to buy, especially if you are working with an agent know about this, you probably;y were not shown a house without doing so. However, pre-qualification takes about two minutes, it can just be an over the phone conversation with a representative from the bank who then gives a ball park figure of what you can qualify for based on the information, at the given time. 

A pre-approval letter from a bank is far more concrete then pre qualification.  It based on your financials, which include w-2, tax, returns, bank statements, credit history etc. It also brings validity to you as a buyer to know this bank will LEND, the funds are available for me, for this amount to purchase a home.

Pre qualification and pre approval are time sensitive, therefore it should be done when you are willing and ready to purchase a house.

Thanks for reading, here is a quick link about the difference of the two.

http://www.goodmortgage.com...

F.Y.I  In 21 days 699 single family new listings have come on to our local MLS, that's an average of 33 new listings per day.

Keandra Sandifer