Pre-approval is different from pre-qualification and provides more benefits in a buyer’s market.
Sometimes a home can be purchased for less money because sellers will feel secure concerning the offer. The amount of an approval is often times viewed as ‘cash.’ In addition, there will be no worry about whether or not the buyer will qualify.
Pre-approval will also eliminate much of the stress associated with a transaction. Sellers know they can go forward with their plans as well.
Make the right move… seek pre-approval before shopping.