Mortgage Pre-Approval
Obtain the Best Rates & Lowest Closing Costs
When you are ready to purchase a home, it makes sense to negotiate from the strongest
position possible. In a strong real estate market, sellers can be more selective
in the final buyer they choose to negotiate with. In such a crazed seller's market,
it's not uncommon for a home seller to receive multiple offers on their property.
With that said; there are certain things you can do to make certain that your offer
is the one Seller goes with.
The vast majority of Purchaser's today go about the process entirely wrong, putting
themselves at an overwhelming disadvantage!
Let's look at this from the Sellers perspective for a moment. If you were the Seller
and had multiple offers on your property, all things being equal, would you accept
the one with Certificate of Financing Approval or the one that was still conditional
on Financing? The answer is obvious. Why then, do so many buyers wait to start the
financing until after they have found the home?
What I have found is that those buyers are usually very good, qualified buyers and
are not worried about getting approved. Even though they usually are correct and
will ultimately be Approved, the Seller in most cases has no guarantees.
Lastly, from a cost savings perspective...
As a prospective purchaser, it makes all the more sense to start the financing early
on so you can get a firm handle on your interest rate and estimate of points and
closing costs. If you do this before finding a home, you are not under any time
constraints and are less likely to over pay like a buyer who has found a home and
is under strict time constraints.
Should you decide that you wish to take advantage of Pre-Approval, simply complete
the form below. We will forward your information to one of our preferred mortgage
professionals who can assist you in locating the absolute best mortgage rate and
lowest closing costs possible.
|
