Is A Financial Prequalification Process Beneficial?| The Griffin Realty Group | Ask-A-Griffin Podcast #35

Is A Financial Prequalification Process Beneficial?| The Griffin Realty Group | Ask-A-Griffin Podcast #35

The first proper step in the home buying process is to complete a financial prequalification process. Prequalification helps both the borrower and the cash buyer in that it helps align what the predetermined money will buy. However, most importantly, it helps the seller know that the buyer is financially qualified in advance of accepting an offer allowing the buyer to have a competitive advantage during negotiation. 

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