Team Member Since 2019
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Why aren’t all buyers able to buy?
In markets with less than six months of inventory, competition between buyers can be intense. To elevate their standing with a seller, buyers will often provide a pre-qualification letter. In a pre-qualification, lenders don't verify the information provided by a buyer. Pre-approval, on the other hand, involves third-party verification. After an offer, I verify that a prospective buyer is pre-approved for the contract amount and that closing in the expected time period—usually 30 to 45 days—won’t be an issue.