Why Pre-Qualification with a Local Lender is Key for Gulf Coast Property Searches
Posted by Meredith Folger Amon on
Why Pre-Qualification with a Local Lender is Key for Gulf Coast Property Searches
As an expert real estate advisor in Orange Beach, I want to share a story about a client who missed out on a property because he was not prequalified. When he called me, he was eager to find an oceanfront condo and mentioned planning to obtain a loan. I emphasized the importance of getting prequalified by a local lender before we started looking at properties.
Despite my advice, my client decided to start viewing condos without prequalification. Over the weekend, he and his wife found a beautifully furnished unit with stunning views that they fell in love with. He was eager to make an offer and asked me to start drafting it. I reminded him again to contact the…
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