Home Buyers: Pre-Approval is a great start….
…. but there is something more important than just being pre-approved.!
More Important Than Pre-Approval for Home Buyers
Buyers have known for the past 10 years that they need to get pre-approved by a lender, before they can start looking at homes with an agent. The market is fast and competitive, and if a buyer finds a great home, they might end up competing against other buyers. The home buyer who is the most prepared (best pre-approved) has a leg up and a better chance of getting that house.
So with nearly every buyer being pre-approved, is there another way to get that advantage? Yes: It is being pre-approved by the Right Lender!
The right lender is one who is responsive to you, and can act fast when necessary. It can make the difference between having a financing condition that takes 7 days to satisfy, and one that can be done in 2 days (or even less). Guess which one a home SELLER prefers to deal with?