Why Do I Need A Preapproval

Dated: 05/30/2012

Views: 2116

Has an agent ever told you that you needed to get pre-approved before looking at any property? What did it make you think? Please do not misunderstand; Realtors have your best interest at heart when they ask you this.

You go looking and find your perfect dream home. You go to a lender to get your loan and find out that that home does not fit into your budget. Now you are broken hearted because you cannot buy the home you just fell in love with and no other home will do now.

Sellers require a pre-approval letter accompany all offers now. They want to know that you are serious about buying a home. You could lose the home you want to buy while waiting to get pre-approved. Why not just get it out of the way to start with and then you know what price range fits into your budget and fall in love with the right home for you.

Blog author image

Carolann Newton

I was a domestic paralegal for 8 years prior to Real Estate. Since I have been in Real Estate I have grown to love this business, even though it does have it's challenges; it is very exciting. There i....

Latest Blog Posts

Jul 21 2018 3564 1

222 Ne Edney Road$178,500 Single Family 2 Beds, 2 Baths, 1,353 Sqr Ft, Belton Just Listed29627 - Very nice 2 bedroom 2 bath home, move in ready with 8 acres, with barn and storage,

Read More

New Listing 124 Wilshire Drive Easley SC

New Listing in Easley $404,900 Single Family 4 Beds, 3 Baths, 1 Half Baths, 3,800 Sqr Ft, Easleyhttp://dianebagwell.jacksonstanley.com/property/59-20204951-124-Wilshire-Drive-Easley-

Read More

Move In Ready 3 Bedroom Cape Cod In Easley

29640 - Holly Tree Hills subdivision offers this move in ready 3br/2ba Cape Cod. This home offers so many updates to include new laminate flooring throughout, new tile flooring in baths, granite

Read More

New Two Story Home Under Construction In Williamston

This lot is conveniently located near downtown Williamston and the home is to be constructed on this cul-de-sac lot. Affordability with three bedrooms, two bathrooms and 1,279 sq ft provide plenty

Read More