Find Your Dream Home!
Get more for less with this in-depth look at nearly every aspect of the buying process. With Euphoric Realty at Accel Realty Partners you can rest assured you're home buying experience will leave you feeling euphoric!
Get more for less with this in-depth look at nearly every aspect of the buying process. With Euphoric Realty at Accel Realty Partners you can rest assured you're home buying experience will leave you feeling euphoric!
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LOAN PRE APPROVAL<br />
Few people can buy a home for cash. According to the most<br />
recent statistics nine out of ten Buyers finance their home<br />
purchase. Getting a pre approval is important because it allows<br />
you to know which mortgage (lowest cost and best terms) is<br />
right for you. It allows you to be certain the mortgage terms are<br />
in your best interest and how much home you can afford to buy.<br />
<strong>Your</strong> lender will provide a pre approval letter that shows your<br />
borrowing power. You are free to visit as many lenders as you like<br />
but keep in mind that each one carries with it a new credit<br />
inquiry, which may show up on credit reports. Although the pre<br />
approval is not a final loan commitment, it is provided to the<br />
Sellers when offering on a home as it demonstrates your<br />
financial strength and shows your ability to go through with a<br />
purchase. This information is important to Sellers since they do<br />
not want to accept an offer that is likely to fall through because<br />
financing cannot be obtained.
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