09/16/2021
Before you start house hunting this weekend, work on getting your pre-approval letter!
Why?
-It helps you know your budget! I'm sure you have a number in your head of how much you are willing to spend, but it's important to know how much you qualify for so that you aren't shopping in the wrong price range
-A pre-approval letter helps your offer stand out! If a seller gets two offers with the same terms, but only one is accompanied with a pre-approval letter, the chances are high that they will choose the offer with the pre-approval. Having your pre-approval letter attached with your offer allows the seller to know you are a qualified/serious buyer. Why would you not want to have your offer stand out?
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