Why You Need To Get Pre-Approved
- Realtors® work with qualified Buyers and Sellers expect qualified buyers to view their homes
- You don’t want to look at homes above your price range and get your hopes up only have them dashed when the reality of a lower approval comes
- You don’t want to waste your time looking at homes you are not approved for
- A lender and your agent will help you understand the costs involved to buy a home
- Finally, the Arizona Association of Realtors® Purchase Contract requires a Loan Status Report (LSR) be submitted to the Sellers with the offer showing loan pre-approval
