Frisco Texas Mortgage, Real Estate, Events, and more

Pre-Approvals for More Listings

In my previous posts of FSBO Marketing, I mentioned that providing pre-approvals would help obtain more listings.  How can a pre-approval help you obtain listings?  When a homeowner is considering selling their home, anything that adds security and peace of mind helps the decision-making process.  Is your competition adding value in the form of security and peace of mind?  If they are pre-approved for their next mortgage there is no doubt that they will be able to afford their next home if their present home sells.  This pre-approval also helps wed them to you as the listing agent on their transaction.  if they go to a lender on their own, that lender could actually recommend his or her own favorite real estate professional as they research for their next home.  Suggest using your lender(s) of choice.

How can a pre-approval help you sell your listings faster?  A homeowner who is pre-approved has money in their pocket.  With a loan approved, they are more likely to look for and find their next home.  When their next home is in their sights, the motivation to sell becomes more intense.  There is nothing that helps a home sell more quickly than a motivated owner.  This is not suggesting that the sellers be rushed into a sale/purchase.  But this does help with the motivation.

What I am suggesting here is that obtaining a pre-approval for the owners of potential listings makes a lot of sense - so does the obtaining of pre-approvals for the owners of your present listings.  In both cases you will be facilitating the process and solidifying your hold on the deal on the other end.

Meet with your current mortgage professional about assisting you with pre-approvals.  Please note that there is a big difference between pre-approvals and pre-qualifications.  If you are unclear of the difference, I'd like to recommend reading Jeff Belonger's post about The Differences.  Jeff is an FHA Expert located in New Jersey.  In this post, he provides excellent examples and details (Jeff - I hope you don't mind the mention).

 

If you are in the DFW area and do not have a 'Mortgage Guy (or Gal)' you can rely on, give me a call.  I am only licensed in the state of Texas, but would like to talk with you about the possibilities of working together.  As you may have read through my posts, there are many opportunities for a lender and agent to work together in order to increase your business.  Synergy and knowledge are two areas I focus on the most in my posts and in my business.

If you are outside the state of Texas, please continue to read my posts for useful information.  I welcome any and all comments or suggestions.

SUBSCRIBE TO MY BLOG.

Have a successful week!

John Cannata  ph# 214-545-5604

www.TxMortgageConsultant.com

 

 

*********************************************************

Are you looking to purchase a Texas home?  Perhaps you love your Texas home but would be interested in refinancing your Texas mortgage to a lower interest rate?  

I'll help you get pre-approved for your Texas home loan and even suggest some very knowledgeable and professional Real Estate Agents in your area of choice.  If you are available to talk, I am available to listen.  Give me a call or visit my website for more details.

Do you want to know all of your mortgage options? Call me today and let's discuss them further.

Texas Home Loan Consultant

Always available for your Texas Mortgage and Home Loan needs!

John R Cannata    P#214.728.0449

NMLS # 322646

Texas Home Loan Expert

Frisco TX Mortgage

      

 

The views expressed on this site are mine alone and do not reflect the views of my employer.

Comment balloon 9 commentsJohn Cannata • September 15 2008 08:10PM
Pre-Approvals for More Listings
share
In my previous posts of FSBO Marketing I mentioned that providing pre-approvals would help obtain more listings. How can a pre-approval help you obtain listings? When a homeowner is considering selling their home, anything that adds security and… more
Texas 211 System Helpful Resource for Hurricane Ike Evacuation and…
share
State's Texas 211 Information System Helpful Resource for Hurricane Ike Evacuation and Shelter Information (September 11, 2008) If you have friends or family trying to leave the Texas Gulf Coast there is a helpful hotline operated by the Stae… more
Use Synergy Partnerships to Leverage FSBO Synergy
share
In my last post I commented that the referrals you might receive from homeowners selling their homes themselves could actually far exceed the value of the listings missed out by not listing the home they are attempting to sell. You are more likely… more
Help Sell FSBOs
share
Well, for the past few posts I have written some fun things and did not go back to my series. To be honest, I just overlooked the fact that I had just stopped in mid though. Anyway, here is a link to the previous posts regarding 'Obtaining More… more