Reason to have a pre-approval to buy a home
Why is a pre-approval so important!
3 Reasons Why getting a pre-approval Letter is a Good Idea
Pre-approval is probably one of the most important steps in the home buying process.
You should always apply for a loan and receive approval from a lender before searching for a home.
So, here are some reasons why being approved at the beginning of the home buying process and why they are so important
A pre-approval for a home loan that will determine your price range.
This is based on your down payment and the pre-approved mortgage amount,
you'll know exactly what you can afford before you start looking.
Obviously, this will save you time and allows you to focus only on houses that you can actually purchase.
That makes our jobs easier. .
A pre-approval also strengthens your offer and negotiating position.
Home sellers tend to accept an offer from a buyer who is pre-approved
Call on us to direct you to the right person. .
Please watch this important video on pre-approvals
If you’re thinking about homeownership, ask yourself some basic questions and get informed as much as possible about the home-buying process. It will be easier for your real estate agent to help you find the dream home you are looking for. .