Should I still work with a client who won’t get pre-approved?
Answered by:
Getting a pre-approval is the first step for a couple of reasons...First it let's you know how much of a house the buyer can afford and keeps you from looking at houses the buyer cannot afford...Second, if a buyer is not pre-approved and you look for a house and find one and then the buyer is not approved or cannot get pre-approved for the price of the house you have basically wasted your time and given the buyer false hope..Or if its a cash deal they need to provide you with Proof of Funds....If they are not willing to do their due diligence then they probably aren't serious about buying a home and/or just not ready.