Mortgage Credit Approval and Your Negotiating Position
When our clients make an offer on a property it is important that they be in the strongest negotiating position possible. The strongest position is to say to the seller…”I’ve got cash; we can close as soon as legal papers are drawn.” The second strongest position is to say …”We are credit approved to purchase this property.” It tells the sellers that they are not taking a risk of whether this buyer will qualify for a loan when they take their property off the market and it te