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AEM Mortgage Minute with Deanna Daughhetee

How Will Pre-Approval Help with Your Home Purchase?
Monday, May 14, 2007

The simplest answer is: Money talks.

If you are house hunting, you should be as prepared as possible. It’s advisable to get pre-approval before you visit your first home. Why? First of all, pre-approval lets you know exactly how much you can afford. More important, both the seller and the realtor will know you are able to put in a serious bid.

Some other things to consider:


· Being pre-approved will make your offer more appealing in the event you bid against another buyer who is not.

· Real estate agents favor clients who appear committed.

· In a time of changing interest rates and uncertain futures, you'll need to leverage all the power your money can buy.

The good news is, it’s a seamless step. And it will help speed up the loan process once a seller accepts your offer. So if you’re on the market for a new home, give us a call and ask for pre-approval today. You’ll be one step closer to having an accepted purchase agreement in hand. And one step closer to getting to a better place.