New Construction Pre-approval Proof of funds Seller concession 
HomeLight
APRIL 26, 2023
Not having agent representation could also lead to paying more in seller concessions. The first due diligence you want to do is make sure they have proof of funds ,” Graham recommends. Graham says the next step is to ask for a pre-approval letter from a reputable mortgage company that you’re comfortable with.
HomeLight
NOVEMBER 21, 2022
Not having agent representation could also lead to paying more in seller concessions. Buyers may get pre-approved for a mortgage at the click of a button on a website, but might not have submitted the documentation. Have the pre-inspection done so that you can be ahead of any potential issues,” Richter suggests.
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