It’s smart to get a pre-approval before you start looking for homes to buy. Here are a few reasons why.
Buyers ask us all the time when they should get pre-approved: Before they find the right house or when they start the search process? We always advise buyers to get pre-approved before they begin their home search for these reasons:
1. Confidence. Getting a pre-approval right off the bat gives you the confidence in knowing exactly what you can afford. When you’re going into a house, you have the confidence that you can put an offer on the home that you can afford.
If you are in a multiple-offer situation without a pre-approval, your offer will be ignored.
2. Security. A pre-approval also gives you the security of knowing you can afford a certain home. If you don’t get pre-approved until after you find a home, you could run into a situation where you find the right home but you can’t afford it.
3. You can compete in multiple-offer situations. If you’re not pre-approved in a multiple-offer situation, the seller will essentially ignore it. If you are pre-approved, you have a much better shot.
If you have questions about pre-approval or anything else related to real estate, feel free to give us a call or send us an email. We look forward to hearing from you soon!HOME Riverside Avondale Jacksonville Beach Springfield San Marco Neptune Beach Atlantic Beaches East Arlington Lakewood All Listings Our Listings Breeze Homes Sold Listings Home Mortgage INSTANT OFFER SELL IN 3 DAYS HOME EVALUATION CAREERS BLOGS About Us Contact Us