Casey Carpenter joined me recently to answer a common question we hear from clients: Is a pre-approval or a pre-qualification better to have as a homebuyer?
Feel free to follow along in the video above to see my message in its entirety, or use these timestamps to skip ahead to various sections at your leisure:
0:45- Is it better for homebuyers to be pre-qualified or pre-approved?
1:50- Problems people run into with pre-qualifications
3:10- What is a pre-approval?
4:27- How a pre-approval takes the process a step further
5:40- Protections that a pre-approval gives you during a home purchase
6:50- Why you shouldn’t ever make an offer without getting a pre-approval first
7:45- Recap/wrapping things up
If you have questions about anything we discussed in today’s video or related to real estate, don’t hesitate to reach out via phone or email. I look forward to hearing from you soon.