The Real Estate Market At This Time HasA Very Limited Supply Of Homes In Many Areas As Buyers Are Finding Out.This Is Why It Is Very Vital That Buyers Be A Ready & Prepared Buyer-Either With Cash Or Pre-Approved Loan In Place. With As Limited Amount Of Properties As We Are Currently Seeing, It Happens So Much Now That Sellers Are Getting Multiple Offers At The Same Time! If You Have Already Found A Home That Fits Your Needs~ Don’t Miss Out By Not Being A Prepared Buyer -Before You Shop For Homes. And If You Really Want That Home, Please Don’t Low Ball On Your Offer, Sometimes Sellers Will Not Even Respond At All On Those Types Of Offers. Another Thing To Know Is If You Are Sending In Low Offers You Are Leaving The Door Open For Other Buyers Instead Of Being In Contract. Getting Pre-Approved Takes Time & Most Sellers Will Not Tie Their Homes In Contract If You Are Not Approved.  Buyers You Need To Know Before You Shop-How Much You Are Approved For, If You Need Money Down-If So How Much? What Kind Of Loan-Some  Homes Don’t Qualify For All Types Of Financing Especially For $0 or Low Down Payment. These Things As A Buyer, You  Need To Know. We Are Here To Help-Real Estate Is Our Business ~ Call US Today! This is per realtor.com

  • Remember, a pre-qualification is based on the information you provide to the lender and it has yet to be verified. You have no guarantees with a pre-qualification. Pre-Approved. Loan pre-approval is more involved and in-depth than a pre-qualification. For starters, you will need to complete a mortgage application.