Pre-approval
Published On: December 12, 2011
Lender pre-approval is almost a requirement in the current market environment. Sellers expect buyers to be financially capable of purchasing property and real estate agents, lenders, inspectors, attorneys and other service people, don't want to waste time or effort without knowing a transaction has a chance of coming to a close. Buyers can also expect to have a better bargaining position if they are pre-approved and ready to go.
So, if you are anticipating purchasing real estate in the near future, take time to visit with your lender of choice and go through the pre-approval process. It’s easy, usually free or low cost and an important first step in the purchase process.
Give us a call for more advice and help - we will be happy to share our experience with you.
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