Tucson real estate : Should buyers be pre-qualified by a lender before making an offer? If they need to get financing —– YES!
Here is a sample pre-qualification form.
Most seller will insist that a buyer is pre-qualified, by a lender, if their offer is contingent on the buyer’s ability to obtain financing. Note to sellers: DO NOT take you home off the market if you are not sure your buyers can qualify for the financing required to purchase your home.
Note to buyers: To make the best use of your time, you should be pre-qualified by a lender BEFORE you start looking at homes. That way, you will not waste your time looking at homes you can not obtain financing for.
If a buyer plans on paying cash for a home, sellers usually require “proof of funds”.
Realtor Lisa Bayless specializes in Tucson Catalina Foothills, Oro Valley and Marana home sales.
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Have you ever considered writing an ebook or guest authoring on other blogs? I have a blog based upon on the same topics you discuss and would really like to have you share some stories/information. I know my audience would appreciate your work. If you’re even remotely interested, feel free to shoot me an e mail.
Hello Joel:
Thank you for your kind words. I would be happy to assist. You can reach me at lisab@Longrealty.com.
Regards,
Lisa