This week’s #TheBUZZinRealEstate term is: Pre-approval
A pre-approval is a letter that is issued from a lender to a borrower. It shows their ability to purchase a property!
This includes:
– Verified Assets
– Verified Income
– Verified Credit
– Amount They’re Able to Spend
Have more questions? Let’s Chat! (248) 379-6651
Caron Koteles Riha, Associate Broker with Real Estate One, Michigan’s largest and most reputable firm, represents buyers and sellers in this constantly changing market, and with her 25+ years of experience works hard to Protect her clients with resale and new construction purchases, or selling a home. Call Caron at 248-379-6651 today to learn more.
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