The difference between being prequalified and preapproved is simple: If you\'re prequalified it means that you POTENTIALLY could get a loan for the amount stated to you, assuming that all of the information given was accurate and true. If you\'re preapproved, it means that you have undergone the extensive financial background check - which includes looking at your credit history, previous tax returns and verifying your employment - and the lender is willing to give you a loan. You\'re APPROVED! So, they give you a letter that states such and it is valid for a approximately 60 days thereafter. Notwithstanding the above, you will have an accurate figure which shows the maximum amount that you are approved for. Most sellers prefer buyers that have been preapproved because they know that there will not be any problems with the purchase of their home.
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I Deal Real Estate inc
Mobile: 954-444-5724 Office: 954-966-0611 ext 209Send Email Website Agent Listings Driving Directions
"I have been in the real estate services business in the Hollywood real estate markets for many successful years and will be here for many more. This longevity and confidence comes from my real estate services to a great many buyers and sellers, and their recommendations to others that result" ... view more
First Colonial Realty
Assistant (Anna) 954-744-9732
" Raised in South Florida, and a graduate of Barry University with a masters degree in business management, Diana knows the area and its schools. Diana is dedicated to helping her clients identify and the best neighborhood and home for them. Are you looking for an " ... view more
L.M.G Realty INC.
Mobile: 305-962-8744 Office: 305-962-8744Send Email Website Agent Listings Driving Directions
"Buy or sell real estate property.The purchase or sale of a home or investment property is one of the most complex and significant financial events in peoples' lives. People typically seek the help of real estate brokers and sales agents when buying or selling real estate because of the compl" ... view more
The Keyes Company
Mobile: 1-954-410-9358Send Email Website Agent Listings Driving Directions
" Whether a first-time buyer, seasoned homeowner, or multi-property investor, the team at The Keyes Company is your go-to resource for all things real estate. Family-owned and in business since 1926, The Keyes Company has grown across the state of Florida. We have captured accolades such as bein" ... view more