June 14, 2002, Newsletter Issue #31: Finding A Realtor---Financing

Tip of the Week

Before even considering calling a realtor, talk to your bank if financing is required. Be sure to secure preauthorization for a mortgage, this will save you a lot of wasted time and heartache. Your bank will be able to tell you how much you can afford and at what interest rate. Remember, preauthorization is not a guaranteed loan.

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