ilmscore | Prediction Details
"as soon as you get pre-qualified you automatically have an edge over other buyers who are not pre-qualified because if I'm selling a home and I get two offers one is from somebody who's pre-qualified and one is from somebody who's not pre-qualified and you're pre-qualified and your offer is slightly lower than this person's I'm still going to take your offer even though it's less money because it's less headache and less uncertainty because you've already gotten pre-qualified part of the pre-qualification process is you getting prepared to actually get a morgage"
By Minority Mindset | January 7, 2024 | Pending
From video
This LOOPHOLE Lets You (Almost) NEVER Pay a Mortgage Bill Again 00:30:39 - 00:31:15
Interpreted Prediction
Being pre-qualified for a mortgage gives buyers a significant advantage, making their offers more attractive to sellers due to reduced risk and uncertainty, even if the offer is slightly lower than a non-pre-qualified buyer's.

Prediction Details

Topic
Mortgage Pre-qualification

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