Being Pre-Approved is like being pregnant-either you are or you aren't! - 03/17/10 05:08 PM

 
Being pre-approved is like being pregnant-either you are or you aren't! I've had quite a few calls lately from potential buyers in Henderson, KY.  As we talk, I always ask a few questions so I can determine where they are in their home search. 
More and more in recent weeks I've had people call and when asked if they are pre-approved say "well, sort of".  What does that mean? Basically, they have talked to a lender, but there are a few credit issues and are waiting for the lender to re-score them.  In the meantime, they'd like to look … (4 comments)