Is Your Buyer Qualified to Purchase Your Pleasanton Home?

There is a distinct difference

between the two methods: Pre-approval

and Pre-qualification.

Pre-qualification is basically a statement by a lender that the buyer appears to be qualified to purchase your property.

Pre-qualifications do not incorporate a full review of credit, full verification of employment and down payment.

This is a half measure in many instances and a smart, savvy listing agent will want to see a stronger evidence that the buyer is qualified.

Pre-approval is an actual

statement by the lender that they

verified their income, their assets, their

credit, and their employment.

As a seller and as an agent, we will ask the buyer to forward us the actual pre-approval document from the bank that’s doing the loan.

That way you can be certain that the buyer has actually gone through the

underwriting process and is

definitely qualified based

on the information at

hand.

The pre-approval process is a very important step that you as a seller need to make sure it’s authentic and reliable.

For professional assistance

on your Pleasanton CA real

estate, Call

Doug Buenz at 925-621-0680!