Why Should You Get Pre-approved?

There are many great Morley 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 (231) 856-4456 for a FREE home buying or selling consultation to answer any of your real estate questions. 

One of the most common questions we get from our clients is, "Why should I get pre-approved?" Well, there are a number of reasons getting pre-approved is the right thing to do.

If you speak with a lender before beginning your home search, you are going to save yourself a lot of time and stress. When you find that perfect home, you'll be ready to make an offer instantly because you'll have your pre-approval letter in hand. Sometimes, those who don't get pre-approved will find a home they love and then go to get approved by a lender; by the time they come back with their approval letter, the home has been sold to someone else. Don't let that happen to you!

Having a pre-approval letter in hand also aids you during the negotiating process. If the seller can see you're financially prepared to go forward with the offer, they will favor you over those who don't have proof.

It also protects the Realtor - they will be able to do a better job on your behalf if they know you are serious about your purchase.

If you have any questions about the importance of getting pre-approved, don't hesitate to reach out to us. We would love to help prepare you for the buying process!