Should I get pre-approved

Pre-approval from a reputable lender is a must

 The process of reaching out to a lender and getting pre-approved for your new mortgage is actually one of the most important steps in the home buying process.  A pre-approval letter from a reputable mortgage company is one of the most important tools you can have in the search for your new home.  In a good real estate market like the one we have in Clark County, there are hundreds of new construction home buyers actively looking at homes.  Many of the homes are the same ones that you are interested in.  

Let me give you a scenario:  It is a nice sunny weekend and you have been looking at several new home communities.  You stop into one of your favorites and learn that the lot you have your eye on is now available to build on.  You and two other interested parties inform the builder of your desire to purchase the lot and build your dream home.  All of the offers look the same however one of them includes a copy of the buyer’s pre-approval letter.  It is an easy decision for the builder.  He will take the offer that he knows in advance can qualify for the loan on the home. GET PRE-APPROVED!