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Pre-Approval Imagine finding the property of your dreams, only to have your loan application denied. Countless hours spent searching, not to mention your emotional investment, all wasted. This can be an incredibly disheartening experience. To prevent this from happening, the first thing your real estate agent will have you do is get pre-approved.
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Are you frustrated because you want to look at homes, but every real estate agent wants a copy of your pre-approval letter first? Well, you’re not alone! Almost every single real estate agent is going to request a copy of a prospective buyer’s pre-approval letter prior to scheduling an appointment to look at homes.
Those record-low interest rates, which are partly driving the real estate recovery, especially in locations such as Newport Beach and Costa Mesa, may be heading for the rearview mirror as the economy “recovers” and rates are back on the incline.
A pre-qualification gets you nowhere. A pre-approval can get you the home you love. Now go buy a home! Related Articles: To escrow or not by Madison Mortgage Guys. Mortgage mishaps by Frederick Real Estate online. Avoid Buyer’s remorse by Las Vegas Luxury Home Pro. Mortgage pre-approval and pre-qualification by Maximum Real Estate Exposure
Four benefits of getting pre-approved for a home mortgage loan before you go. forward into the housing marekt place and sealing the pruchase contract with the real estate agents. Starting with a.
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How long do you have to buy a house after getting pre-approved? In the real estate industry, the conventional wisdom is that pre-approval is good for 90-180 days, though at 180 days your letter might be considered questionable. Even at 90 days, some agents or sellers might consider your pre-approval to be expired.
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Start The Pre-Approval Process Now! First Name * Last Name * Email Address * Phone Number * Start The Pre-Approval Process Now! M.Celata Real Estate. A Full Service Real Estate Agency Centrally Located In Revere Ma, Serving Greater Boston. Address: 268A Broadway, Revere, MA 02151.
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