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Buyers’ Power Play – Pre-approval Gives Everyone Confidence

buyers-pre-approval

Buyers’ Power Play – Pre-approval Gives Everyone Confidence

Choosing professionals to handle tasks for which you aren’t trained just makes sense & cents! I would not attempt to fix my car or process my income tax return. I hire a professional to ensure I get the best advice and confidence it was done right.

The same is true in real estate. Our Team recognizes the benefits obtaining pre-approval for our buyers…it is good for them, the sellers and us. It saves time, money and removes the uncertainty of knowing whether the buyer is qualified to actually buy the home they’ve chosen. Consider these benefits:

 

  • The loan amount the buyer can borrow decreases as interest rates rise
  • Focusing on the “Right” homes – price, size, amenities, location
  • Determining the best loan – loan type, rate & terms
  • Uncovering credit issues early – time to cure possible problems
  • Bargaining power – price, terms, & timing
  • Speeds up the closing process – verifications have been made

When you get referred by a REALTOR®, you’ll be sitting down with a trusted mortgage professional compared to going through calculators on a website or worse, a internet loan company. The cost of being pre-approved is a bargain and generally, limited to the cost of the credit report.

Sometimes there is an advantage to getting a second opinion from a different lender. It will either verify that you have a good deal or you’ll discover that you can improve it. Either way, it works to your benefit.

For more tips and recommendations, contact a Team Paradise member. We have great lender resources too including resources for refinancing!

Buyers’ Power Play – Pre-approval Gives Everyone Confidence

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