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Articles Tagged "Pre-approval"

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March
11

Spring Home Bidding-Remerica Hometown REALTORS

Home buyers in the Ann Arbor area should get ready for a competitive environment when it comes to buying a home this year. Ann Arbor homes for sale are in demand, and as a consequence, it might help you to prepare for a bidding war. While it's impossible to predict what might happen, having enough options in place could give you an edge in a tight market.

  1. Loan Pre-Approval
    This is the first step to take regardless of whether you expect a bidding war. Buyers see pre-approval as a sign that the buyer is serious, as do agents. Our REALTORS® can suggest mortgage brokers who can help you through this process.

    Remember that pre-approval does not mean you've been granted a mortgage. It means that a lender has looked at your financial situation and has given you an estimate of the maximum loan amount for which you could qualify.

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January
31

Loan Pre-approval
You wouldn't go shoe shopping without knowing your size, or set up a date without having considered what you're looking for in another person. So why would you go house shopping without knowing how much house you can afford? You might have a general idea of your budget, but there's only one way to know your price range for sure, and that's by getting pre-approved.

Click Here to Read More...