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23
Sep
Buying Tips

Getting Pre-Approved!

Robert J. Ott
September 23, 2020

Have you heard!!! Pre-approval is the very first step you must take to buy a house in San Antonio! Why is it so important? When you’re looking for a house on the MLS, the temptation to fall in love with a house that's outside your budget is very real.

So, before you start shopping around, it's so important to know:


✅what you can afford,

✅what you're comfortable paying for a mortgage, and

✅ultimately how much money you can borrow for your loan.

Pre-Approval from a lender is the only way to do this. 


What’s Pre-Approval?


Basically, it’s a letter showing sellers you're a qualified buyer something that can really help you stand out from the crowd in the current ultra-competitive San Antonio market. Pre-approval shows homeowners you're a serious buyer. It helps you stand out from the crowd if you get into a multiple-offer scenario, and these days, in San Antonio, it’s likely. When a seller knows you're qualified to buy the home, you're in a better position to potentially win the bidding war and land THE home of your dreams.
Three Piece Advice: 

In San Antonio’s competitive market with low inventory, to buy a house, a pre-approval letter is a game-changing piece. If you're ready to buy this year, let's connect before you start searching for good quality san Antonio homes.

...

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