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Why Get Pre-Approved?

Because therre are 3 people who will benefit from your pre-approval:  You, your Realtor, and the Seller from whom you eventually buy a home!

You: The mortgage pre-approval step is a relatively simple one, but it is an important one.  It begins the process of formally applying for a mortgage, and it gives everyone involved--especially you--a clear sense of teh direction they should be headed.

Your Realtor: By knowing what your financial parameters are, your Realtor can spend more time looking for houses that "fit" and less time pursuing dead ends.  No matter how much you might want a 4000 square foot home for $275,000, if your qualifications say $125,000, your qualifications say $125,000.

The Seller: Want to strengthen your bargaining position?  Get pre-approved!  Want your offer to stand out in a case of multiple offers for the same house?  Get pre-approved!  Look at it from the seller's perspective.  If you had 2 offers on the table for your house, one from a fully pre-approved buyer and the other from an "I'll get around to that soon" buyer--to which offer would you devote the most attention?  Even if the pre-approved buyer's offer was $1,000 less, would you take the chance on the buyer that perhaps may not be qualified?  When it comes to a seller evaluating offers, "a bird in the hand..." definitely applies.

 

Contact Information

Photo of Team Thomas Real Estate
Team Thomas
Murney Associates, REALTORS®
1625 E. Primrose
Springfield MO 65804
Phone: 417-575-1291
417-894-9093
Fax: 417-823-8740

Team Thomas

Randy & Jenny Thomas

 

 

   

 

Welcome to Team-Thomas of Murney Associates, Realtors.  The number one Real Estate Company in Springfield, Missouri.  From first time Home Buyers to executive Relocation, the Realtors at Team-Thomas are committed to providing best available service in the area. Specializing in Real Estate in Springfield MO, Nixa Missouri, Ozark Missouri, Republic Missouri, Willard Missouri, Rogersville Missouri, Battlefield Missouri, Marshfield Missouri, Clever Missouri and Homes in Springfield Missouri