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Home Buyer Pre Approval Is Crutial To Successful Transaction

May 21st, 2012 | Written by | Buyers, Sellers

With the faster paced real estate market in Parker, Colorado you need to be sure that your loan is ready to process. Homes are really selling fast so the reality of securing that dream home or missing out on the deal can all boil down to your lender and loan approval.

The entire real estate transaction in Colorado is bound by dates on the contract. Everything must be completed by the date schedule. I’m seeing a lot of loans taking extra time to process in the new real estate market. We as Realtors. lenders, home buyers and home sellers need to be prepared.

Buyers you need to be fully approved for your loans before ever setting foot in the car to go see homes. This could save you serious time and headaches if you are ready to go.With all the new guidelines there are a lot of hoops to jump through to get your new loan. Make it easy and be prepared.

Being prepared is the motto when obtaining a new loan for your future real estate transaction. If you can deliver the many documents requested by your lender in a timely manner you should have no issues going to closing.  For those buyers who are slow to deliver it can be a long process and may cause delay in closing or no closing at all.

Good luck and be prepared. Get approved.




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Steven Beam, Realtor, CRS
18551 E. Mainstreet Suite 2-A
Parker, CO 80134
Parker Colorado Real Estate

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