Ready, Willing, Able

You have to be able to ante up before you have an opportunity to lay your cards on the table. A pre-approval from a recognized lending institution or qualified independent mortgage broker is the “certification” that gives you clout during offer discussions with the Seller. Pre-approval letters, unlike pre-qualification letters, let the Seller know that your lender has performed the necessary due diligence to confirm that you, the Buyer, are who you say you are. More importantly, you have the financial wherewithal to pursue and close on your desired home in a timely manner, unencumbered by any contingent circumstances. With letter in hand, you’re ready to compete with other prospective buyers and put your best foot forward with sellers. To receive a list of recommended mortgage specialists, call or text 646.522.3331 or write to steve@heldandco.com.