Why you need to be pre-approved?

Buying

Did you know they are a couple of reasons to get pre-approved and why it is important?

Most people get a pre-approved to see how much house then might be able to afford. Most Realtors will want to know this as well. This will give the agent a reference point to work from. Buyers do not need to spend up their approval limit. Buyers should look at what they can afford to spend on housing and all the other expenses that come along with owning  a home. Having a good understanding of where your comfort zone is will go along way.

But if you are ready or think you are ready or looking to buy a home quickly then getting pre-approved is a must.