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Updated almost 6 years ago,
Pre approval for every house?
I noticed that my pre approval has a price on it and I am getting one for each house I put an offer on. This slows me down because I have to rely on the loan broker to type these up for me as I find each deal.
I am concerned that if I present a general one with a price of say 100k and I offer lower, the seller will have leverage to try to go up?
What do you guys do for pre approval letters?