What are benefits of getting a pre-approval?
There are several benefits to benefits to being pre-approved before you find a home. First, it gives you the comfort of knowing how much home you afford. This way, you save time by targeting only those homes that are within your price range. Second, a pre-approval tells sellers youre a serious buyer, and gives you bargaining power. Third, a pre-approval should help speed along the final approval process, because most of the work is already done!
Related Questions
- Some Insurance plans along with social services require an estimate to be sent for pre-approval to determine benefits; do you provide estimates at Ortho-Tech?
- What is the difference between "pre-qualification" and "pre-approval" and what are the benefits of each?
- I have not yet begun my search for a new house. What are the benefits of getting a "pre-approval?
