Friday, October 9, 2015
REAL ESTATE TIP 113: Get Pre-approved BEFORE viewing that house!
Getting pre-approved for a mortgage is what separates a serious buyer from everyone else. If you are looking at properties and you aren't pre-approved or planning to pay cash, you could be wasting time, you need to know how much you can afford and whether or not you'd even qualify for a mortgage before you begin the process of house hunting. In most cases a seller won't even entertain an offer it's not submitted with a pre-approval letter or proof of funds. Anyone can say they want to buy a property, but getting pre-approved is what shows a seller that you are ready, able and willing to do so. If you want to be considered a serious buyer, get pre-approved!
Labels:
Chicago,
Cook County,
Homeowners,
IL,
Investors,
Listings,
Loan Modification,
Mortgage,
News,
preapproval,
Real Estate,
Tips
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