3 Reasons Why Pre-Approval Is the First Step in th

Real Estate

When the number of buyers in the housing market outnumbers the number of homes for sale, it’s called a “seller’s market.” The advantage tips toward the seller as low inventory heats up the competition among those searching for a place to call their own. This can create multiple offer scenarios and bidding wars, making it tough for buyers to land their dream homes – unless they stand out from the crowd.

1. Gain a Competitive Advantage

2. Accelerate the Homebuying Process

3. Know What You Can Borrow and Afford