Get Pre-approved for a Mortgage Loan
Sure, you can make your offer stronger by offering more money.
Here’s an easy way to make your offer stronger that doesn’t cost you any money.
If you can show a seller that you will have little trouble borrowing the money needed to pay for their home, then the seller is more likely to accept your offer.
If, on the other hand, it’s apparent you just started to look for a loan, the seller will be less inclined to accept your offer.
You may be a super reliable person but the seller doesn’t know you from Adam. The seller will be worried that you will not be able to get a mortgage loan and will “flake out” later. Sellers tend to want a higher price from unprepared buyers since they tend to flake out more often than pre-approved, serious buyers.
Call or email me if you would like a list of Arizona lenders who have done a good job for our clients in the past.