How To Avoid These 16 First-Time Homebuyer Mistakes

8. Searching for Homes Before Getting Pre-Approved

Pre-approval signals to sellers you're a serious buyer and clarifies your budget. Lenders will review your credit, income, and financial assets to issue a pre-approval letter valid for about 90 days, which helps focus your home search.

8. Searching for Homes Before Getting Pre-Approved

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