Sharing a bit of news regarding mortgages and the importance of getting pre-approved before searching for a home...when you find one you love - you MUST be ready to move on it as the market is moving fast!
Leisurely looking for a mortgage is a luxury South Florida homebuyers can't afford anymore.
Sellers have seized control of the rejuvenated market. Strong competition for a limited supply of homes is forcing buyers to quickly arrange financing or face the prospect of losing the deal.
"If you can't deliver a loan commitment in under two weeks, you've got a problem," said Stephen B. McWilliam, president of Florida State Realty Group in Fort Lauderdale.
Most real estate agents insist that house hunters meet with lenders before touring a…