Preferred Realty

Our goal is to make the buyer smile and the seller smile so that we may smile.

  • (501) 825-2020
  • Home
  • Featured
    • Single-Family Residential
    • Land/Lots/Farms
    • Commercial
  • Search
    • Lake Front Homes
      • Greers Ferry
      • Quitman
      • Drasco
      • Edgemont
      • Heber Springs
      • Heber Springs 2
      • Pangburn
      • Fairfield Bay
    • Lake View Homes
      • Greers Ferry
      • Quitman
      • Drasco
      • Edgemont
      • Heber Springs
      • Heber Springs 2
      • Pangburn
      • Fairfield Bay
    • Lake Front Lots
      • Greers Ferry
      • Quitman
      • Drasco
      • Edgemont
      • Heber Springs
      • Heber Springs 2
      • Pangburn
      • Fairfield Bay
    • Lake View Lots
      • Greers Ferry
      • Quitman
      • Drasco
      • Edgemont
      • Heber Springs
      • Heber Springs 2
      • Pangburn
      • Fairfield Bay
    • Rental
    • Search All
    • Greers Ferry
  • Agents
  • Contact
  • Home

The Advantages Of Pre-Approval

The decision to purchase a home can be an exciting but sometimes confusing undertaking.  When beginning your search for the perfect home, there are a number of factors that you will want to consider.  Whether you are a first time buyer or already own a home and want to move up, getting pre-approval for your mortgage is a necessary and time saving step.  Here are some of the benefits of getting pre-approved!

Know Your Budget!

Getting pre-approved means that you will have a clear picture of the credit you have available to you to purchase your new home, as well as your price range.  This will prevent you from spending time looking at homes that may be out of your budget and perhaps getting attached to a home that you cannot afford.  It means that if you find the home that is right for you, it can more easily become yours!

Close Quickly

Getting pre-approved for your mortgage means that you can act more quickly once you find the home that is right for you.  The process of getting the mortgage approved is generally the longest and most complicated process in any home purchase.  It requires verification of your income and employment, an evaluation of your credit reports, and the completion of a loan application. Having this step completed can save weeks of time in the closing process.  Pre-approval also means that you have an advantage should a bidding war begin.  The seller can be confident that you can afford the bid you are making and that you can move quickly to finalize the sale.

Overall, there are a number of benefits to getting pre-approval for your mortgage before beginning the search for your new home. Most importantly, it can give you peace of mind in knowing that you are ready and able to make the commitment to homeownership, and that you are not wasting your time in looking at properties that you may not be able to afford.

Get in Touch

Testimonials

We interviewed a few different realty companies and felt very comfortable with Connie and loved the flex...

Continue Reading


Thank you for making the MLS services possible! We gained MAJOR & IMMEDIATE exposure with our listin...

Continue Reading


Dear Connie,

Thank you for all your help with selling our home! We really appreciated all the time...

Continue Reading


Blog

September 30, 2024

Using Bright And Bold Paint Colors


September 23, 2024

A St. Patrick’s Menu That Your Guests Will Enjoy


September 16, 2024

Selling Your Home In A Buyer’s Market - How To Maximize Your Profit


Preferred Realty

8731A Edgemont Rd.
Greers Ferry, AR 72067

Office: (501) 825-2020

connieflowers0808@gmail.com


Favorites google
Facebook

Studio 11 Productions

Designed & Developed by Studio 11 Productions design copyright © 1997 - 2025

  • Powered by
  • Responsive Real Estate
(501) 825-2020
Directions