Tagged : Denver CO First Time Home Buyers Series

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Denver CO First Time Home Buyers Series – The Differences Pre-Approval vs. Pre-Qualification and Its Effect On Negotiations (Part 2)

Monday, September 6th, 2010 at 7:44am. 2488 Views, 0 Comments.

first-time-homebuyer-200_214It is natural for Denver CO first time home buyers to want to jump right into the house hunt without really planning out the path to become a home owner. Denver CO First time home buyers will spend hours and even days online looking at homes and plugging the recent interest rates into the available mortgage calculators.

Most people (approximately 95%) purchasing a home require some sort of financing. That makes it very important when buying a home to understand the process for obtaining one. It is also important to know what the difference is between a pre-approval and a pre-qualification.

When a seller receives an offer for their home they automatically understand that there is a desire on the part of the buyer to purchase it. What is not as clear to…

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