3 Reasons to Get Pre-Qualified in 2023

Are you considering buying a home in 2023? The best place to start is by getting pre-qualified. Interested in speaking with a real estate professional here in Maine? Click here to get in touch with me directly.

#1 - Shopping with Confidence. When you get pre-qualified you are going to know exactly what you can afford. This will allow you to look at homes with confidence knowing that you can make an offer on that home if you like it.

#2 - Determining What Loan Product is Going to Work Best For you. If you want to get pre-qualified until you are already under contract on a home, you might find out there is a loan product that might be a better fit for you. Then you will be scrambling to try to make that work. If you get pre qualified first, you can find out what product is best for you before you even step foot in a house. There are so many options available right now.

#3 - The Speed of the Market. If you see a home and you want to make an offer and you aren't pre-qualified, I guarantee there are other buyers that have seen that house who are pre-qualified and are ready to make an offer. You don't want to be racing to get a letter, be rushed to make decisions, or miss the opportunity completely.

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The Pros and Cons of Buying in 2023