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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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