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Prequalification Explained: The First Step Toward Owning Your Dream Home

Explaining the importance of prequalification in the homebuying process.


Today, I’m diving deep into the topic of prequalifications. What is a prequalification letter and what are the steps you need to take to get one? I’m here to explain the instrument and the process in detail. What does a prequalification do for you and why do you need one to buy a home? I’m here with all of the answers. 


Feel free to watch the full message above or use these timestamps that will direct you to various points in the video:


0:00 — Introduction


0:30 — What is a prequalification letter?


1:30 — Why do you need a prequalification?


2:00 — Check your credit score first 


2:35 — Sellers will double-check these things 


3:55 — Today’s market is competitive, so you need to stand out 


4:45 — Wrapping up


If you have any questions about prequalifications or real estate in general, please feel free to reach out to me by phone call or email. I would be more than happy to help with all of your real estate needs.

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