Remove Branding Remove Pre-approval Remove Purchase and sale agreement Remove Rent back
article thumbnail

I Want to Buy a House in 2021. How Much Should I Offer Over the Asking Price?

HomeLight

Home sales have skyrocketed, and home inventory is historically low. A step up from pre-qualification, preapproval often means the lender gives conditional approval, stating the size of the mortgage you’ve been preapproved for (though what constitutes a “preapproval” can vary from lender to lender). Perfect match, right?