
Pre-Approval Is Key for Home Buyers in 2022
When it comes to homebuying, knowing what you can afford should always be step number one. In today’s housing market, a real estate agent or seller is going to want to know if you’ve been pre-approved by a mortgage lender. But what does pre-approval really mean, and why is it so important? With rising home prices and high buyer competition, a pre-approval letter is crucial prior to making an offer. This year especially, being intentional and competitive are musts when it comes to buying a home. Benefits of a Pre-Approval Letter A pre-approval letter is the only way to know your true price range and how much money you’re able to borrow...
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