Ask Tricia Gray

May 25th, 2010 4:15 PM

Here are 3 reasons to get pre-approved for a mortgage BEFORE starting your search for a home:

1. SAVE TIME & HEARTACHE - By getting pre-approved first you save the time and heartache of looking at homes in the wrong price range. It's frustrating for the  buyer and Realtor when the buyer gets their heart set on a home just to  find out that they can't afford it.

2. NEGOTIATING POWER: - Sellers will be more likely to accept your contract offer when they understand that you are pre-approved prior to viewing their home.

3. GAIN CONFIDENCE & DECREASE ANXIETY - Mortgage pre-approval alllow you to know when you view that perfect home that is within your purchasing power. This will reduce the anxiety of loan approval when you have the perfect home under contract!


Posted by Tricia Gray on May 25th, 2010 4:15 PMPost a Comment (0)

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