As you know, Prequalification in Real Estate is a very important step in the home buying process and we look forward to helping you navigate through it. Some of the many benefits to getting prequalified include:
- Helps you understand how much home you can afford
You may think you know what you can afford but often your lender will not quite agree. The sooner you know this, the better.
- Assists your agent in zeroing in on homes within your parameters
Why waste time looking at houses that are out of your range?
- Strengthens your bargaining position in the purchase process
If the seller knows that you are already prequalified they are more likely to feel comfortable accepting your offer.
- Makes your offer stand out over others in a multiple offer situation
Think about it - as the seller, if you had two offers in your hand for virtually the same amount, which would you feel better about - the one that was prequalified or the one that was not?
The prequalification process is a relatively simple one, but it is very important and useful. Our goal is to help you figure out the mortgage you can afford and get you the best rate possible on your home loan.
Do you have any questions about the process or the benefits we describe above?
We look forward to serving you, so please feel free to contact us anytime.
Larry Weichman is President and Broker of Costa Mesa-based real estate powerhouse Weichman Realtors. Larry and his highly-trained team of professionals have proudly served Costa Mesa since 1976. For questions about an upcoming sale or purchase, call him directly at 714-241-4532 or email your questions to Larry@TeamWeichman.com. Be sure to visit Larry Weichman in Costa Mesa CA for the latest news and information on the Costa Mesa real estate market.