Monday, May 19, 2014
Failing to get a pre approved mortgage - Pre-approval is a very simple process that many homeowners fail to take advantage of. While it doesn't cost or obligate you to anything, pre-approval gives you a significant advantage when you put an offer on the home you want to purchase because you know exactly how much house you can afford, and you already have the green light from your lending institution. With a pre-approved mortgage, your offer will be viewed far more favorably by a seller - some- times even if it's a little lower than another offer that's contingent on financing. Don't fail to take this important step.