Wednesday, January 22, 2014
Why Should You Be a Pre-qualified Buyer?
There are many great Cedar City area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (435) 572-4243 for a FREE home buying or selling consultation to answer any of your real estate questions.
Today I wanted to talk to you about why it’s so important for buyers to be pre-approved before they start shopping for homes and especially before they make an offer. The first reason is so they know what they can afford and what their monthly payment will be on different loan amounts. Also, with lending regulations tightening, it’s always nice to speak with a lender beforehand to work through any issues before going out and spending a bunch of time and making offers on homes you may or may not be able to afford.
After being pre-approved and you submit an offer on a home, you’re offer will show stronger than a person who hasn’t been pre-approved. This is especially helpful in multiple offer situations, as we have been familiar with as inventory shrunk, because it shows you have taken care of the financing.
Click the link above if you’re interested in searching for homes and give me a call at (435) 701-0448 if you’re looking to sell. Thanks and have a great day!