Why is a Pre-Approval so important in the St. Cloud, Sartell, Sauk Rapids markets? Here are seven that many real estate professionals agree with. 1. Getting pre-approved tells you the maximum the lender is likely to loan you, which helps you narrow down your home search to affordable properties. 2. You can get an idea of what your monthly payments would be. 3. You'll have more credibility with real estate agents and with sellers if your loan is pre-approved. Some agents won't take you seriously until you have the pre-approval. They don't want to waste their time, or yours. 4. Mortgage loan approval takes time. If you wait to apply until you're ready to make an offer, you could lose out on the home to someone who is pre-approved. 5. The lender often will lock in an interest rate, which protects you if rates rise while you are shopping for a home. 6. If your circumstances don't qualify you for a low interest rate, you'll know that going in. You might decide to look in a lower price range to make up the difference. 7. Pre-approval gives you at least some peace of mind, which you will appreciate during the often-stressful process of buying a home. If you need a recommendation on a lender please don't hesitate contacting me.
George Moore / Associate Broker /Sales Agent
Author:George Moore Phone: 320-420-1759 Dated: January 18th 2017 Views: 478 About George: George has been actively engaged with the housing industry since 1990. His comprehensive expertise i...
Providing a superior level of informed, professional real estate services to buyers and sellers throughout Central Minnesota. From Maple Grove to St. Cloud, we have professional Realtors ready to assist! Residential & Commercial Real Estate, Sauk Rapids Real Estate, Sartell Real Estate, Waite Park Real Estate, Rice Real Estate, St. Joe Real Estate, Foley Real Estate. Milaca Real Estate, Litchfield, Maple Grove and surrounding communities. Whether you're looking at buying or selling home in St. Cloud, multi-family units in Sauk Rapids, land in Rockville or any property in Central Minnesota, we are the dedicated professionals to call for your needs. Premier Real Estate Services has offices located in St. Cloud, Sartell, Litchfield, Hutchinson and Little Falls. We intend to be your PREMIER source for all your Central Minnesota Real Estate Needs.
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Last week, in contrast with the nearly unanimous optimistic forecasts
"I am now a first time home owner thanks to David Olson. David helped me every step of the way. I never really knew what was all entailed in the process, although he walked me through every step. I feel going above and beyond. After looking at about 15 different houses, we finally got an alert on my current home hitting the market. David called and we were able to get in and see it immediately although there was already a line. Well immediately we put in a offer and after a few nail biting days I got the call that the offer was accepted.. From there David explained the next steps in detail, set up closing, arranged for slight remodeling and improvements to be made to the home before move in. Everything seemed so easy and went so well I have and will continue to highly recommend David Olson." Ramona M. "Very knowledgeable and friendly. Flexible schedule and easy to get a hold of. Quick, honest responses are always what you get from Dave. Definitely recommend him to anyone looking to buy and/or sell." "