What is a Pre-Approval Letter and How Important is This with Santa Barbara Real Estate?

If you are looking at real estate here in the Santa Barbara, Montecito, Goleta and surrounding areas, you are at one point going to need a pre-approval letter from a mortgage lender (unless you are fortunate enough to pay cash) if you want to make an offer on a property. What exactly is this and why is it so important?

1. What is a Pre-Approval Letter?

   In real estate lingo, when you have been "pre-approved" by a mortgage lender...

Read Full Story

Further Reading:

1. $729,750 Conforming Loan Limit Extended into 2010
2. What do Buyers and Sellers Want Most from Their Santa Barbara Realtor?
3. Is Zillow's Zestimate a Reliable Guide to your Santa Barbara Home's Value?
4. Working with a Blogging Realtor - Advantages
5. Are Trulia and Zillow the Best Place to Search for Santa Barbara Real Estate?
6. Buyer's Resources for the Santa Barbara area
7. Seller's Resources for the Santa Barbara area

For information on Real Estate here in Santa Barbara, Montecito and/or our surrounding areas, as well as any other aspects of life in our area, please don’t hesitate to contact Kevin Schmidtchen at Sotheby’s Int’l Realty.

Thank you for reading. I hope you find Santa Barbara Real Estate Voice informative. Please feel free to contact me or comment below with any thoughts.

Subscribe to Receive Personal Listings of Santa Barbara Real Estate

Search The Santa Barbara Area MLS