Buyers Turn to 'Pre-Underwriting' to Compete With Cash Buyers:
Buyers needing financing for their home purchase
often struggle to compete with other buyers willing to pay all cash to close the sale. All-cash buyers are making up an increasing part of sales too. Some lenders are helping buyers better compete. Known as "pre-underwriting," they're putting loan applications through a more thorough venting process before the buyer even enters into a contract for a home. Read more
No comments:
Post a Comment