The first step in purchasing a home is getting your financials in order. Many first time home buyers are scared of this step due to not wanting to hurt their credit. Many like to view properties online and sometimes even go and see properties with no pre qualification. Many times, buyers that go this route end up broken-hearted when they find out that they do not have the buying power to purchase the property that they so dearly became enamored with. In other cases, we have the buyers that have always wanted to purchase a home and never thought that they would qualify. They then attempt to get pre qualified and to their surprise they have more buying power than they ever thought they would have.
The reality of the matter is that without a pre-qualification one cannot even attempt to make an offer on a home. This is the first and most important step in the process of purchasing a home.