How To Be A Competitive Buyer In This Market

Pre-approval letters are crucial, especially in this highly competitive buyer's market. What most homebuyers don't know is that there are different types of pre-approval letters and one of them will put them at the greatest advantage over other buyers, even cash buyers.

This type of pre-approval letter is called a To Be Determined (TBD). This means that you are not only pre-approved, but you are also completely underwritten. The only thing that remains pending is attaching a property. A seller will likely choose a buyer with a TBD over other offers because there are no loan contingencies and everything is practically ready to go. Not every lender is able to provide a TBD but we can connect you with a lender that can.