Pre-qualifying for a home loan is always a smart thing to do, but today’s real estate market makes it even more important. Pre-qualifying for a real estate loan in a buyer’s market is wise, but not as necessary, because you are likely to be the only person making an offer on the home. But today, the real estate market has low inventory, which makes it a seller’s market. This means you are likely to be compared to several other offers on the home you want to buy, and if you don’t have your pre-qualification letter handy, yourchances of winning a bidding war are diminished! Don’t make the mistake of waiting until the last minute. Make sure you are considered at the same time as all the other offers! Call Mitchell Mortgage today at 530-406-2200 Work or 707-337-5970. We will get you Pre-qualified for that dream home right away!
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