Why Getting Pre-Approved Should Be the First Step for South Carolina home buyers.
In today’s Competitive South Carolina Real estate market. Having an edge is a must. Being Pre -Approved shows that your are serious and allows the seller to view you as such. It also speeds up the process. Making an offer to purchase on a home to only find out later that you are not qualified to purchase, is not only a risk for you but also the home seller. Getting Pre-Approved before you start your search is highly recommended.
Getting Pre-Approved will:
- Tell you how much you can afford
- Help you move faster through the home buying process
- Give you greater confidence
The 4C’s will help to determine how much you can afford.
- Capacity – Determines your current and future ability to pay
- Capital – The money, Investments, and Savings that you have that can be turned quickly into cash
- Collateral – The home or type of home that you would like to purchase.
- Credit – Your history of paying bills and other debt on time.
Lets get Together and open the doors to your tomorrow!
