Pre-approval can strengthen your offer when competing; it is very important because one day you could be a seller too; think from seller’s point of view, a pre-approved case is much better than an offer who might not get financing.
From our experience, we have successfully helped clients saving thousands of dollars just because the case has been pre-approved.
For buyer, the hard feeling is losing the opportunity of owning the house that you like because you can’t get financing in a timely manner.
Pre-approval can free you up after signing contract, you can concentrate on other activities that require a lot of your time.
Pre-approval can strengthen your offer when competing; it is very important because one day you could be a seller too; think from seller’s point of view, a pre-approved case is much better than an offer who might not get financing.