Bookmark Me! What We Offer Relocation Info Free Relocation Kit/ Free Market Analysis (for any USA City) Articles and Advice Free Reports Homes For Sale Prices of Homes MLS Databases Single Family Homes Condominiums Ocean Front/Views Gated Communities Golf Communities New Construction Retirement Areas Towns & Villages Architectural Styles San Diego Info Other Cities Employment Schools For Kids Area Maps Relocation Info Your Language Response Form Mortgage Info Pre-Qualify Buyer's Brokers Home Inspectors Title Companies Real Estate Lawyer Moving Companies Hotels Bed & Breakfasts Luxury Resorts Restaurants Short Term Housing H.R. Professionals Company Founder Utilities/Services Home Maintenance Health Care Utilities/Services Home Maintenance Health Care Call us! Toll Free 1-877-815-8020	Pre-Qualifying Why you should be Pre-Qualified or Pre-Approved for a Mortgage Obtaining a letter of mortgage pre-approval from a bank may play a vital part in the successful house buying process. (In the case of people who are able to pay cash, all that is needed at the time of the purchase offer is proof of funds to close).There is no charge for this letter, neither is there any obligation for you to take a mortgage from the bank that issues the pre-approval letter. The reasons for the importance of this are as follows: In the first place, a letter of pre-approval helps you to determine exactly what your spending power is, taking into account the local property taxes. Secondly, it strengthens your offer as it indicates to the seller that financing is available to you. This is especially important in a busy market where competing offers may come in on any given property. Thirdly, this will clear any doubt you may have about your spending power and save you time and disappointment during the house-hunting process. We usually try to show clients homes that range from a little below and a little over the indicated price range. The reason for this is to give you a better understanding of value for money in our real estate market. Please let us know if you would like us to arrange for a banker to call you. Alternatively, we can give you the names and numbers of bankers we know will cooperate. Weather Taxes Quality of Life Seniors Shopping Culture Recreation Religion Address comments to: susan@housesandhomes.com.