Get Pre-Approved Before You Shop For A Home or Condo in Santa Fe NM!
Or before you expand your pet family! Why? Pre-approval, as opposed to pre-qualification, signifies that the loan application has been taken through a rigorous procedure. this give you leverage with the Seller.
Here's why pre-approved buyers are ahead in the home buying game.
If you make an offer on a home and then apply for a loan, you are at the lender’s mercy, who is aware that you do not have time to shop around. This can often delay your closing data and cost you time and money.
Pre-approval saves your valuable time spent looking at houses or condos you can’t afford.The result is only disappointment.
A pre-approval letter from a lender gives you an edge when multiple offers have been made on a house. It is close to making a cash offer and sometimes better!
Pre-approved buyers can generally close escrow more quickly, since most of the work has already been done.
If you want more information, call Emily Medvec at 505-660-4541 for Santa Fe lender resources. And if you are planning a visit to
Santa Fe, please contact Emily Medvec and schedule a pre-visit phone consultation to learn about our Santa Fe real estate market and our local dog parks!