Misty Ropes Realtor

In a shifting market, it’s important to know how to value your home appropriately. Here are some tips on how you can do that: 1) Know the area where your home is located and how it compares to others in the area 2) Research recent sales of homes similar to yours 3) Make sure you have all the relevant information about your property ready when you go to sell it. DM for a Comparative Market Analysis to properly price your home!

What's the difference between pre-qualified and pre-approved?
Pre-approved is when the bank says they'll lend you money and that you're qualified to own a home—in other words, they've already checked all your credit and finances, and feel you're good to go!

However, pre-qualified means they've looked superficially at the application and determined that yes, you could probably get a loan from them (or somewhere else), but haven't done a rigorous assessment.