Marketing Mortgage pre-approval letter Pre-approval 
Redfin
JULY 30, 2025
In today’s competitive housing market, it’s not just about the price — it’s about presenting yourself as the most appealing buyer. Knowing your true budget means going beyond just what a lender will approve you for. This is more than just pre-qualification: It shows a lender has already vetted your finances.
Realtor.com
JANUARY 16, 2023
. “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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HomeLight
OCTOBER 20, 2022
Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. Many FSBO sellers will purchase a pre-listing appraisal. A professional appraisal will help determine the listing price based on fair market value.
Redfin
SEPTEMBER 3, 2022
Plus, you will need them to see how much house you can afford and then seek pre-approval for a mortgage. Bank statements: To secure a mortgage, your lender will want a snapshot of all funds coming and going from your bank account for the past 30-60 days. Know whether you are in a buyer’s or seller’s market.
Point2Homes
JULY 28, 2020
This is paid in good faith to show that the buyer is serious about the transaction and has the funds to proceed, obligating the seller to take the house off the market. Additionally, the buyer will typically be required to deposit a mortgage pre-approval letter as proof that they qualify for an adequate mortgage.
HomeLight
OCTOBER 11, 2022
In recent years, the hot Iowa real estate market and a steep rise in equity added extra incentive to maximize profits. As the market shifts, you may have new concerns about how much you can get for your home and the amount of your net proceeds. In the midwest, we don’t see the appreciation jump as high as in bigger markets.
HomeLight
MAY 25, 2023
We’ll also provide a comprehensive overview of the full process to prep, market, and close on your home without the assistance of a real estate agent. If you don’t have the time or expertise to list your home FSBO, partner with a trusted, top agent in your North Carolina market. less than agent-marketed sales.
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