Not only will a preapproval letter let you know your buying power, but it's also excellent negotiation tool.
When it's time to submit an offer, having a preapproval letter from your lender helps your agent negotiate the best deal possible.
If a seller has multiple offers on his property, he's more likely to accept the offer from the buyer that has a preapproved letter or negotiate a better deal.
A preapproval letter helps you negotiate the best price possible as the seller knows if they reach an agreement with you that you will be able to close on the transaction.
It's time to take the plunge. Writing a contract on a home is a big step—and a legally binding one. Your offer will include the price you are comfortable offering, earnest money, and any addendums and contingencies you want to include.
The tasks below will help safeguard your interests and keep you on track to get the best deals.
We will help you determine what price to offer by researching recently sold homes in the area as well as other pertinent data. We will Negotiate with the Seller on your behalf.
