Most people are surprised when I tell them their choice of a mortgage company can be the deciding factor in whether or not their offer is accepted in a multiple offer situation. The truth is the Austin real estate market is so competitive the mortgage company and the type of loan can make or break an offer.
I’ll often hear advice given that a buyer should write a letter to the seller to gain an emotional advantage. In reality a strong pre-approval letter is much more important than showing a picture of your family and telling the seller how much you love the home.
- The Mortgage Companies Reputation Among Realtors Is Important
- Make sure the lender has a great reputation with Austin real estate agents. Real estate agents talk to each other