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Get a pre-approval

How bummed would you be if after weeks of searching for your dream home, you finally found one – only to learn that you don’t have the funds to buy it?

Getting a mortgage pre-approval is critical to ensure you don’t waste your time and efforts.  

Here’s why:

  • Real estate agents prefer buyers who have been pre-approved.

That’s because they know the deal isn’t likely to fall through, and because they can do a better job at finding your perfect property when they can match what you want with what you can afford.  

  • Sellers prefer buyers who have been pre-approved.

Think about it.  All else equal, if a Seller has two offers in hand, they’re likely to accept the one from the buyer with a pre-approval than from the one without. Odds are in the Seller’s favour that the pre-approved Buyer will get the financing they need to purchase the Seller’s home.  

  • You’ll be much happier as someone who has been pre-approved.

Having the confidence of knowing how much home you can afford will in turn help you know the price range of homes you should be focusing on in your search. 

Ensure you have a pre-approval before embarking on your home hunting journey. Knowing how much your lender is willing to loan you will eliminate the risk and uncertainty of being able to obtain financing once you find your perfect home.

*In the age of technology, you can apply for a mortgage pre-approval without ever leaving your doorstep. (The internet is awesome!)*

To find out how much you can afford, call me to get your pre-approval today: 917-709-8992

Getting you pre-approved and on the move,

Jeff Broome

PS – Not all mortgages are the same. To discover which one is the best for you, stay tuned for my next email. You won’t want to miss it.

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