Larry Edgar - Sutton Sales Representative - Information for Buyers - Pre-Approval

PRE-APPROVAL

Before beginning the search for your dream home, initiate the loan pre-approval process. Pre-approval from your financial institution serves as their commitment to lend you a specified amount based upon your application information.

Knowing that you are pre-approved will provide you with a number of advantages:

• Knowing the limit that you have been pre-approved for allows you to focus your property search to those within your financial means. Having the assurance that you're looking at homes you can confidently afford to finance helps reduce stress of finding the right home for you.
  
  
• When you do find a property and submit an offer, the sellers will take your offer more seriously knowing that you have a lender that has committed to backing your offer.
  
  
• When there are multiple offers on a property, being pre-approved will give you an edge over other buyers who aren't. This can be the difference between having your offer accepted or losing the property to another buyer.
  
  

Larry is eager to help you find your perfect home...call or e-mail him today!

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