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    Tom’s Take #69 – Pre-qualification, pre-approval and pre-committment…what does it all mean?

    A lot of lending terms get thrown around interchangeably in real estate transactions.  Specifically, pre-qualification, pre-approval and pre-commitment are used synonymously despite having very different meanings.  Check out episode #69 of Tom’s Take to learn the difference between the three and what Buyers and Sellers should know about the financing process to best position themselves within the market.

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