This article: Before you shop for a home, unless you’re paying cash, mortgage pre-approval is your #1 home buying preparation tool. You can get pre-approval to know what price range you can afford Realtors and sellers won’t take you seriously without it You will have a smoother and quicker mortgage process These are some of the advantages should Your home will be convincing enough. Only 42 percent go home shopping without pre-approval for a mortgage. Verify your new mortgage rate updated daily. Steve and Sue's story What if you disregard this advice and go for the virtual tours of a hot market? What if you find love on the first day? That could be a problem because unless you’re paying cash, no one will take your offer. You may not be permitted to visit the property. Ask Steve and Sue, real estate buyers who learned the hard way. Steve and Sue leapt the gun, and started their home search online. After they had found the homes they liked, the couple reached out ...
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