WHY SHOULD I GET PRE APPROVED TO BUY AN ARIZONA SINGLE FAMILY HOME
WHY GET PRE-APPROVED
We recommend that all of our buyer's get a pre-approval from their lender of choice before they start their purchase process.
In our competitive Arizona real estate market, we look for any advantage we can gain over other buyers making offers on the same property. One of our proven strategies is getting our clients fully approved vs. qualified with a lender. Pre-approval is a more in depth look at your financial picture to determine the price that you can borrow on by going through something called Desktop Underwriting. This will allow you to have a better chance of getting the loan you plan on when the time comes.
One of the advantages of sending a pre-approval vs. just a pre-qual form with your offer is that the listing agent will see that you are more qualified to buy and more likely to close on time because your lender has gone that extra step in underwriting to make sure they can fund the loan. This approval included in your offer will put you above an offer with a pre-qual form and well above a financed offer without either.
While it may take you a few days longer to get your pre-approval, the time is worth the strength and confidence that it adds to your offer.
Have a pre-approval may increase your chances when you put in an offer on a beautiful home like this Single Family Residence for sale in Gilbert, AZ. 
To see additional homes for sale in Gilbert, AZ, you can click on the pictures or link below.
Click here for all the results
No comments:
Post a Comment