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Pre Approvals |
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Going into a property transaction and then having the finance declined is both frustrating and embarrassing. How long did it take you to find the home you wanted? In today’s market the potential to lose the property looms very real.
Finance Pre approvals have been around for some time, but in the last couple of years it’s become a very important part of buying real estate. Agents and sellers prefer to deal with customers who are ready to buy now and already have their finance sorted.
As a purchaser being pre-approved for finance flags to the agent and seller that you are a serious buyer - giving you a little more bargaining power. The advantages of a pre approval cannot be underestimated and can help you in the following ways;
- Formal approval is only subject to a valuation
- Inspire confidence as a serious buyer
- Take advantage of real estate bargains – you can move quickly
- Place yourself in a better negotiating position than someone without pre-approval.
- You don’t have to deal with the stress when you find a property and the running around to get finance
- The pre approval is valid for 3 months
- You are under no obligations with the finance.
Best of all finance pre-approval is FREE and you are under NO OBLIGATION to proceed
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This is where a flash movie would go
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