Tips for Buyers and Sellers
Buyers:
Pre-approval does three things:

We know what locations and prices of properties to view.

To the party selling the property, the pre-qualification letter is as valuable as Cash when I present your offer.

Most importantly, it takes the pressure off of you. Having been pre-approved allows you the time and freedom to focus on your finding "what your looking for."

In today's market, people are placing back-up offers on properties already in escrow. They are hoping that you, the buyer, cannot fulfill your obligation in your contract to complete the sale on time. Pre-qualification can save you heart ache if you don't get your loan in time.

Sellers:
In today's busy marketplace, you will not want to take your home off the market, if you receive an offer that is not accompanied by a letter of pre-qualification. Precious qualified offers can slip through your fingers while you sit and wait for a buyer to get financed. The highest volume of buyer traffic that will view your property, will be in the first 3 weeks I have your home listed. If you take it off the market pending a sale and the buyer cannot complete the transaction, you might miss the best opportunity……… The best offer is not always the one that nets you $500 more. It is the one that will go all the way through after you have accepted it.