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The Benefits of Getting Pre-Approved for a Home Loan

Tuesday, December 6, 2022   /   by Your Home Sold Guaranteed

The Benefits of Getting Pre-Approved for a Home Loan

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Let's discuss the advantages of getting pre-approved for a mortgage. There are two main advantages. You'll firstly be able to determine exactly how much house you can afford to buy by being pre-approved for a home loan. You won't waste time looking at houses that are too expensive or too cheap. The ability to act quickly with a firm offer and haggle for the best deal when you see a home you like is the second advantage of getting pre-approved for a mortgage.

Here are some important questions you may want to ask a lender. Do you offer discounts to first time home buyers? Is private mortgage insurance or any other kind of insurance required? What if I sell my home before the term is up, can I pay off the mortgage early without penalties? Your realtor can also provide you with expert advice on all these questions. It's important to identify all the upfront costs of buying your new home before getting to the closing day. 

Don't be afraid to ask all the parties involved beforehand. This will avoid any unforeseen expenses down the road. Your realtor can advise you on the associated costs. I wish you all the best in finding the home of your dreams.

This information report is completely free and comes with no obligation to buy or sale with me.  If you or anyone you know is considering making a move simply contact me or pass on my info and I will be happy to share this amazing report. 

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Remember, your referrals change lives! We donate a portion of our income on every home sale to help those who need help the most! When you buy or sell with Your Home Sold Guaranteed Realty, Great Worthy Causes Benefit! If you or anyone you know is considering making move in the next little while, give me a call or pass on my contact info. 770-670-0535

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