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Each day prospective Buyers place themselves at a potentially large disadvantage at the negotiating table. They are discovering that their offers are not being accepted and in some cases are losing opportunities to other Buyers who are more qualified. What are the successful Buyers doing that these other Buyers are not? They are getting pre-approved before beginning their search for a home.
How does getting pre-approved help?
From the Buyer's perspective, it helps set
realistic expectations on what price level is appropriate!
From the Seller's perspective, when multiple offers
are involved most would accept the offer that is
accompanied with a Pre-Approval letter since it
almost eliminates the possibility that the
Buyer will not qualify.
The Seller also identifies the pre-approved Buyer
as a serious prospect and is more likely
to negotiate in order to consummate a deal.
The escrow period can also be shorter,
making it more attractive for Seller's that need
to move quickly and want to minimize additional
expenses associated with keeping the home on the
market longer.
All of these factors add up to the benefit of the
Buyer and can result in significant savings potential
and success in the negotiating process. Start improving
your chances of success today by completing the attached
FREE, NO OBLIGATION form below.
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