Warmer weather and longer days means there are more opportunities to view property than during the cold, dark season of winter. As such, the arrival of spring is often marked by an uptick in real estate sales. Perhaps you are one of those who are eagerly awaiting spring before becoming a homeowner. If so, you will want to obtain mortgage preapproval now-here’s why.
Reasons for Preapproval
Becoming preapproved for a mortgage may seem like an additional step, but it is actually the starting point for many real estate transactions. Mortgage preapproval has numerous advantages, including: