Buyer Tips in a Buyer’s Market

✨Get Pre-Approved!✨

Getting pre-approved for a home loan means a mortgage lender has reviewed all of your financial paperwork and is ready to give you a loan up to a certain amount – before you even find a home to buy. This not only reassures you that you can reach your goal of home ownership, it also is attractive to home sellers! Pre-approval shows sellers that you’re ready, willing, and able to buy their home. In a multiple-offer situation, a pre-approved buyer may win over a buyer who hasn’t started the application process.