Etobicoke Real Estate

Sell my etobicoke home   Contact Jackie  

The Advantages of Getting Pre-Approval

When you’re shopping for a home, getting “pre-approved” by your bank or other mortgage lenders provides you with two big advantages.

First, you know in advance how much home you can financially manage. You won’t waste time looking at properties you can’t afford, and you’ll be able to consider homes that you may have originally thought were out of your reach.

Second, when you make an offer on a home, sellers tend to take those with a pre-approved mortgage more seriously. That’s because they know there is less likelihood that financing issues will spoil the deal.

Your REALTOR® can help you learn more about getting a pre-approved mortgage.

Leave a Reply

Your email address will not be published. Required fields are marked *

Jackie’s Blog Topics