Be Confident Buying with Pre-Approved Finance

Recently I have noticed more and more properties being sold or rather advertised for sale by auction. There may be various reasons for this including an increase in mortgagee sales or the fact we are currently in a market where demand is outstripping supply. Whatever the reason I thought it timely to discuss buying why you should arrange pre-approved finance.

Make the purchase of your next property smoother – arrange a home loan pre-approval first.

What is a pre-approval?

It’s a general indication of how much you can borrow based on the information you provide your lender. While subject to terms and conditions before a formal approval is given, a pre-approval gives you the green light on your home loan amount which gives you a good indication of your limit when looking for a property.

Why obtain a pre-approval?

Peace of mind – knowing exactly how much you can borrow

Jump the pack – act quickly to seize the property you love

Stronger bargaining power – negotiate a better price with the seller

Bid with confidence at the auction – knowing your limit!

Smoother purchase process – save time and effort

Make sure you are getting independent impartial loan advice.

Bob Morgan of Morgan Finanical Solutions Ltd offers independent finance brokering advice and has over 20 years financial services experience.

By using an independent impartial advisor such as Bob you can make sure that you are getting the best advice for your particular situation.