Being pre-approved for finance is a big advantage when it comes to negotiating on a property.
A shorter finance clause, because you have a pre-approval in place, will put you in a better strategic position when it comes to negotiating terms for the vendor.
All vendors want a clean contract, or with the best terms possible for them. So if you have pre-approval and you can have a shorter finance clause, your offer will be far more attractive to a vendor over someone who needs a lengthy finance clause because they are yet to go through the process.
Don’t be that buyer. Be the one that has their ducks a row and ready to go.
For more hints on how you personally can buy the property you want at the best possible price get in touch.
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