Ask Bob Buying a Home Should I get pre-approved before looking at homes?
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Should I get pre-approved before looking at homes?

Yes. A pre-approval from a lender shows sellers you are a serious, qualified buyer. In competitive South Jersey markets, most sellers will not consider an offer without a pre-approval letter. It also tells you exactly what price range to shop in and can speed up the closing process once your offer is accepted.

Why It Matters

Pre-approval gives you a clear budget, a stronger negotiating position, and the confidence to act quickly when you find the right home.

Related Questions

What should I look for during an open house? How much should I save for a down payment? What are closing costs and how much are they? What loan options are available for first-time buyers? What questions should I ask my real estate agent when buying?

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