Happy Monday Morning!! This week’s message is about Preapprovals.
In today’s tight real estate market- it pays for you and your clients to have them preapproved before submitting their offer.
A preapproval means the lender has verified income and assets available to close the transaction. Sellers are more apt to work with a preapproved buyers offer than a buyer that’s not preapproved. Your buyers want that house and the preapproval gives them a better shot at getting the home they want!
Also, your time is valuable- don’t waste your time working with a buyer that can’t purchase a home- thus you’re not getting a pay check from showing them a multitude of properties over many hours.
A preapproval is done at no cost to the client. Give you & your client peace of mind- Make sure they’re preapproved with a reputable lender before showing them any properties.
Farmers National Bank offers loans for residential and commercial properties.
For Commercial real estate loans- contact David Simko at 440.249.7389 or email@example.com.