Why Get Prequalified Or Preapproved?
PREQUALIFYING is a quick way to determine what price range of homes the real estate agent and buyer should be reviewing. It saves the time and frustration of finding something you can't afford!
PREAPPROVAL is a must in today's environment; most sellers require it up-front. It improves the buyer's negotiating position and the length of time it would take to close the deal. It gives you the "clout" of a cash buyer!