Curious to know what everyone’s approach to this is.Do you get a pre approval letter specifically written for the property on which you’re submitting an offer?

I also had a newborn while there, and a pre-schooler.

I'm in Eugene, so about an hour in either direction I can be on the coast or at a ski resort.I'd be happy to answer any questions you may have.

Do personal lenders and hard money lenders have a pre-approval type processes?

I always use this analogy: would you tell a beginner skier who has zero experience to ski a double black diamond (the most advanced terrain) for their first run?

Our terms were $100k down, $105k 30-year amortization, 5-year balloon, 6.25%apr interest.

So Chase Bank sent me a Pre-Approval and these are the terms and I want to get your thoughts.Mortgage Type: Conventional 30 year FixedInterest Rate: 6.625%Points: 1.033%Apr: 7.077%15% Down$5,000 in credit towards Total Fees** REASON WHY I WANT TO PUT LESS DOWN IS TO HAVE MORE CASH RESERVES IN CASE ANYTHING GOES WRONG**

You will not need a pre approved for this!

You can find this on your county website, they come up with a pre foreclosure list and update it weekly.

Unless the seller has some issue (travel, availability) that requires a pre-sign, there is generally no point in having a seller sign docs until the deal has been funded.