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Is a Mortgage Pre-Approval Letter Necessary to Make an Offer on a House?

Realtor.com

. “While you do not ‘need’ a pre-approval letter from your lender in order for your offer to be accepted, I highly recommend all of my buyers present it,” says Denise Shur , a Realtor® with 1:1 Realty in San Jose, CA. ” What is mortgage pre-approval? .”

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How to Sell a House By Owner in Chicago: A Windy City FSBO Guide

HomeLight

Lalez suggests getting a pre-listing inspection. The top five brokerages in Chicago use proprietary search platforms,” Lalez explains. I check the buyer’s pre-approval by calling the lender. It’s important to take an objective view of your home. Realtors® are more critical.”. Then, “do the top half of the list.”.