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    Preapproval letters – are they worth the paper they are written on? – Tom’s Take #139

     

    There are tons of options out there when it comes to lenders. Some are big banks, some are local lenders and some are Brokers. This raises the question, how solid is a preapproval letter? What steps need to be taken to vet these Buyers if you are selling a home? Is the letter even real? Tune into episode #139 of Tom’s Take with Kyle Sutera of Mortgage America as he details some of the snares in the financing market right now and what questions to ask when determining the strength of a preapproval.

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