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Today, we discuss the importance of being pre-approved in the competitive Charleston market.
The market is moving quickly right now, so if you wait to get pre-approved, you may miss out on the home you're interested in. Having a pre-approval letter in hand will show the seller that you're a ready, willing, and able buyer, and will make your offer stand out!
We recommend contacting a lender immediately if you plan on buying soon. You're not making any commitments by getting pre-approved - you're simply getting an idea of what your interest rate and monthly payments will be. This initial contact with a lender will provide a ton of valuable insight into what price point you should be focusing on, among other important aspects of home buying.
If you have questions about the value of a pre-approval letter, or if you need real estate assistance of any kind, give us call! We would love to hear from you!
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