05/24/2022
Breaking News. I am now able to provide clients with a Power Bid Approval. What's a PBA you ask? I got you covered. When buyers want to go see a home that is for sale they typically go to a lender and ask for a preapproval letter. That letter lets the Realtor know that your credit and income have been checked. It assures everyone involved that there " should " be no problem with you getting a loan. However, in this market tons of homes are being snatched up by all-cash buyers leaving folks losing out on their dream homes. With a PBA we actually get all your documents verified and underwritten before you even find a house ( the home you finally find must appraise at the value stated in the contract). This now allows the borrower to make an offer knowing that they are already approved and the seller is confident with your offer. The PBA is good for 90 days, giving the borrower enough time to find the right home. This is a total game-changer. Please feel free to share this post. When you do share please share the content, not just the link. Thanks 🙂
Get approved for a mortgage faster than ever with PowerBid. Make your offer stand out. Turn yourself into a power buyer that can compete with cash offers and bid, buy, and close fast.