Getting mortgage pre-approval before making an offer?

[Robert P.]

Do you guys tend to get mortgage pre approval before making an offer?  I would prefer not to do a hard pull on my credit.  Also,  how do you guys go about finding the best lender packages?  Interested in hearing the thoughts of fellow investors.  Thanks.

[Jeff B.]

Good question.  As a seller, I insist upon the Pre-Approval and Verification of Funds to prune the lookie-loos and avoid a failed escrow from the inability to get financing.

As a buyer, I would wait for the seller to request either/both and most don't even know about these.