Archive for the ‘Preapproval’ Category

Preapproval Recommended (2008-11-28)

It’s also advisable to have a mortgage preapproval ready before any FSBO shopper starts searching for possible FSBO purchases. With a mortgage preapproval, the FSBO shopper can close the purchase almost immediately. This is an additional negotiating advantage for the savvy buyer.
Other shoppers who have not yet obtained a mortgage preapproval will normally [...]