If you’re in the market for a home on the Cape, a current pre-approval letter is essential to your success (or proof of funds if you are paying cash). An offer is incomplete without one of these documents and will not be taken seriously by the Seller. If your pre-approval letter is more than 30 days old, you would be wise to get it updated. Rules have changed and Sellers don’t want to take chances. Before you go shopping, contact your Lender for an updated pre-approval. If you don’t have a lender, contact Dave Gravelle at Merrimack Mortgage. He’d be happy to help you out.
Over the past week the number of buyers registering on my website has nearly TRIPLED the normal rate. And it’s really no surprise. Both prices