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When thinking about buying a property, the pre-approval is probably the most important step.
There are a number of reasons why.
Depending on your price point, there are a lot of sellers that won’t even let you come view their property without pre-approval or proof of funds. The pre-approval is basically a letter from a lender saying that you’re good up to a certain amount on a home loan.
Sometimes hopeful buyers will view a property without pre-approval, and become excited after their spouse and kids have seen it, only to be let down when they find out they can’t afford the property after getting pre-approval.
In other cases, some buyers wait two or three days too long for pre-approval. Here in Tucson, anything below $250,000 is in a hot seller’s market, and will likely have multiple offers after just a couple days. Oftentimes, one of those early offers might even be accepted.
Don’t miss out on a home you love by waiting to get pre-approved.
If you’re looking to buy or sell in Tucson, don’t hesitate to reach out to me or my team!
There are a number of reasons why.
Depending on your price point, there are a lot of sellers that won’t even let you come view their property without pre-approval or proof of funds. The pre-approval is basically a letter from a lender saying that you’re good up to a certain amount on a home loan.
Sometimes hopeful buyers will view a property without pre-approval, and become excited after their spouse and kids have seen it, only to be let down when they find out they can’t afford the property after getting pre-approval.
In other cases, some buyers wait two or three days too long for pre-approval. Here in Tucson, anything below $250,000 is in a hot seller’s market, and will likely have multiple offers after just a couple days. Oftentimes, one of those early offers might even be accepted.
Don’t miss out on a home you love by waiting to get pre-approved.
If you’re looking to buy or sell in Tucson, don’t hesitate to reach out to me or my team!
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