Want to buy a home in Florida? Brooksville, Spring Hill, Floral City for instance? Please get a referral from your realtor or use a trusted resource to get a complete pre-approval from a direct lender now!! Whether it is a bank owned, short sale or an astute seller...your offer may not even be considered without it. The difference between a pre approval and pre qualification is simply that you have provided the lender with all your proof of income (tax returns, pay stubs, etc.), proof of assets (bank statements) and any other documents they need to be sure YOU will qualify whereas a pre qualification states on the letter that it is subject to verification of your income and assets and based on statements you made...Pre qualifications are a start - but that is not what is needed for your offer submission. If you plan to pay cash, be prepared to offer proof of liquid available funds with your offer. It could make the difference in your offer being accepted or not!!
