Question
Select the correct answer.
What is the first step in the home buying process?
A.
Hire a real estate agent and view properties.
B.
Find a mortgage lender.
C.
Get prequalified for a mortgage.
D.
Choose a location and study the housing market.
What is the first step in the home buying process?
A.
Hire a real estate agent and view properties.
B.
Find a mortgage lender.
C.
Get prequalified for a mortgage.
D.
Choose a location and study the housing market.
Answers
GPT-4o mini
C. Get prequalified for a mortgage.
Getting prequalified for a mortgage is typically the first step in the home buying process, as it helps you understand your budget and shows sellers that you are a serious buyer.
Getting prequalified for a mortgage is typically the first step in the home buying process, as it helps you understand your budget and shows sellers that you are a serious buyer.