What is the most common piece of ADVICE we give to Buyers?
Get Pre-Approved for a Mortgage before beginning to look at Homes!
Prospective buyers who are in a hurry to purchase may view the mortgage pre-approval process as tedious or something that can be postponed until after they find the right home. In reality, nothing could be farther from the truth!
When prospective buyers make this mistake they may actually be setting themselves up for a much more difficult home buying process.
Pre-Approvals help with the following..
1. Gain a Better Scope of Financial Boundaries
2. Best Positioning to Negotiate Price and Terms with Sellers
3. Avoid Unnecessary Fees or Embarrassment
Taking the time to get pre-approved before shopping for a home eliminates this type of unpleasant surprise.