The Real Estate Encyclopedia
When Is A Buyer Qualified?
Category - Home Buying Questions - Search & Offer FAQ's

A qualified buyer has demonstrated the financial capacity and creditworthiness required to afford the asking price of your home.  Usually before submitting an offer to buy, some buyers become pre-qualified with a lender for a loan up to a certain amount. 



References
 
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Home Buying Questions - Search & Offer FAQ's
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