Buying Highlands Real Estate, Get Pre-Approved or Pre-Qualified?

Should you get pre-approved or pre-qualified prior to buying Highlands real estate?  It’s a good question and many people are not aware that there is a difference.  The difference may not be a big one for many people but for some it can be the difference between being able to buy the home they want or not.

 

Pre-qualifying for a loan to buy a home in Highlands NC is a basic tool offering a quick glimpse of your finances and stating you could get a loan for up to a certain amount.  This process is often a conversation between a lender and a buyer and is a best case scenario.  Getting pre-approved for a home loan is a different process, one filled with paperwork and is far more intricate and concrete.  For a person who is on top of their finances and fully aware of what he can or cannot afford either pre-qualification or pre-approval will typically do.  For someone doing a little more guessing the pre-qualification could be a bit misleading.

 

Contact our team at Meadows Mountain Realty today to learn more about buying real estate in Highlands. We welcome the opportunity to update you on current market conditions and recommending reputable local lenders while getting you started on your home search.  Let our knowledge and experience serve as your guide to the buying process.

About the Author
BERKSHIRE HATHAWAY HOMESERVICES MEADOWS MOUNTAIN REALTY has been serving the Highlands NC and Cashiers NC areas offering exclusive mountain real estate and country club properties since 2003.

We recognize that there are many important aspects to consider in making a real estate choice. With that in mind, we listen closely to the needs and desires of each individual customer and work diligently to find the ideal mountain property or to sell your property as efficiently and effectively as possible. However, our job does not stop there.

Once you have made your real estate decisions, we are here to help you in any way that we can. It will be our pleasure to familiarize you with all aspects of the Highlands and Cashiers communities, including home, professional and personal services as well as activities, restaurants, health care and shopping. We will go the extra mile to ensure that your experience in the mountains exceeds your expectations.

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