Pre-approved luxury home buyers are better buyers in Lakewood Ranch, Florida
Chances are if you are reading this, you are thinking about buying a luxury home in the 34202 zip code.
Unless you are paying cash being a pre-approved buyer is the best way to make an offer on a luxury home in Lakewood Ranch, FL.
Pre-qualified simply means the buyer has only stated how much he earns and what he owes. Although the information may be factual, it is not verified by the lender and not sufficient to give a mortgage.
Pre-approved buyers have provided the lender with documentation such as pay stubs, W-2’s, tax returns, all sources of income, and debt. A credit check will be run. Once the information has been verified the lender will issue a conditional…