Whether you are a first-time buyer or an experienced homeowner checking out Bronx homes for sale, the lingo is bound to get tricky. Your real estate agent is there to help you navigate this unfamiliar territory, but sometimes it’s nice to understand what’s being said without needing to ask!
Today’s topic is mortgage pre-qualifications and pre-approvals. They sound alike, don’t they? While they both have their place in real estate, they are different tools to help a buyer make a sound financial decision. Before you continue your search for Bronx homes for sale, let’s brush up on what makes each type of approval unique.
Round One: Pre-Qualification Facts
Round Two: Pre-Approval Facts
One More Fact
Before you get a pre-qualification or pre-approval to purchase Bronx homes for sale in your hands, remember this: Neither document is a guarantee. Your loan must be underwritten before it’s a done deal regardless of your pre-approval status.
Kenny and Annecy Fuentes want to be the first people to welcome you to the Bronx! Get in touch with them today to learn more about currently-listed Bronx homes for sale.