Know your buying power before you buy.

When looking for a buyer for their property, a seller will be looking for someone in a position who will be able to make the purchase quickly to minimise fees on their end. Walking into the situation with pre-approval means you have already been through the lengthy paperwork process and have been granted a loan up to a defined amount of money. By gaining your pre-approval before going on the search, you put yourself in a strong position to negotiate on that dream property and set yourself apart from your competition. Getting pre-approved allows you the freedom to make a serious offer on a property which can be an excellent bargaining tool to add to your repertoire. It also cuts down the time between offer and settlement as all of the paperwork is done and dusted in advance. As if all that wasn’t enough of a plus, pre-approval also gives you a clear idea of budget.

To get on the road to your dream property with as little fuss as possible, we highly recommend obtaining a pre-approval. Contact us today to learn more about the process and your eligibility.

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