The Importance of Pre-Approval ~ Fourth in a Series for First Time Home Buyers

By
Real Estate Broker/Owner with Grady David Tipton Brokerage Florida # BK451206

Keys to Your Tampa FL HomeThe Importance of Pre-approval

Pre-approval can be a very valuable step towards purchasing a home. Many home buyers get pre-qualified for a home loan early on, and then become pre-approved before beginning a serious home search. By completing your mortgage application prior to choosing a home, you can get a pre-approval letter stating how much home you can afford. Try our preferred lender.

Your pre-approval letter lets you know exactly how much you can spend, and it shows home sellers and real estate agents that you're serious about buying a home. This may give you leverage in the negotiation process. Many sellers actually prefer to work with pre-approved buyers, especially in hot real estate markets.

 In short-sales and foreclosures, pre-approval is often required before submitting a contract to the Lender holding the mortgage. To find a mortgage professional and get started with your pre-approval for a loan, please call or email me. My goal is to provide you with practical information as you consider your next move,

We look forward to working with you.

Jon Tipton, Realtor/Certified Appraiser

813-391-6121

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Rainer
230,556
Stephanie Reynolds
Integrity First Financial Group, Inc. - Santee, CA
East County San Diego Homes 619-838-4408

We are seeing the same here in California where more and more sellers will not even review an offer unless it is submitted with a pre-approval from a reputible, national mortgage lender. Good information for the consumer. BTW love your profile picture!

Aug 06, 2010 05:16 AM #1
Rainmaker
301,213
David Tipton, GRI, ePro, SRES
Grady David Tipton Brokerage - Tampa, FL
Real Estate Broker - Tampa

Thanks for the input Stephanie.

Aug 06, 2010 05:19 AM #2
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Rainmaker
301,213

David Tipton, GRI, ePro, SRES

Real Estate Broker - Tampa
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