South Shore Mortgage Pre-Approval
When ready to purchase a home, negotiating from the strongest possible makes the most sense. In stronger real estate markets, sellers have the ability to be more selective with the final buyer they can negotiate with. If the property is in popular demand, then it is not uncommon for the home seller to receive numerous offers. In any case, there are certain things you should consider to ensure your offer is chosen for negotiation.
The majority of Buyers in today's market go about the process entirely wrong, thus putting themselves at an extreme disadvantage!
Let's take a look at the situation from a Seller's point of view. Say you were a seller with multiple offers on their property, with all things being equal, would you accept the one with Certificate of Financing Approval or the one that was still Conditional on Financing? The answer is obvious. So why do many buyers wait to start the financing process after they found the home?
What industry experts have found is that those buyers are qualified buyers and are not worried about getting approved. Even though they often times correct and will be Approved in the end, a lot of times the Seller has no guarantees.
Lastly, let's look at the situation from a cost savings perspective...
As a prospective purchaser, the earlier the financing process is started, it would help them get a firmer handle on interest rates and closing costs. If all this is done before finding a home, you will not be under any time constraints and will have a less likely chance of over-paying.
To take advantage of our Pre-Approval Program, simply fill out the form on this page. We will then forward your information to one of our preferred mortgage professionals who can assist you in finding the best mortgage rate and lowest closing cost possible.