How would you feel if you found your dream home but lost it to a better, more qualified buyer? What if you walked into a home and it was perfect, checking off all the boxes on your want list—but you lost it because you didn’t have your financing in order? More than likely, these scenarios will feel like crushing blows and could easily discourage you in the home buying process.
The truth is that many prospective buyers find themselves in these scenarios, but you don’t have to. Why? Because you have access to my Competition Crusher!
The question you want to really ask yourself is: why should a seller accept your offer? In order to stand out among the crowd and get the best deal on a house, you’ll want to have solid financing in place before you go out into the field and shop for homes. You may have heard of stories where a seller will actually sell their house for less to a buyer that has cash in hand; this is exactly what the Competition Crusher can do for you. It can actually turn you into a cash-like buyer in the eyes of the seller.
So how does it work?
As we’ve already discussed in a previous lesson, you know that there’s a difference between being prequalified and preapproved for a loan. The Competition Crusher is a third level of approval without any prefix attached to it. This turns you into an approved, fully-verified borrower BEFORE you go out looking for properties. This type of loan approval can allow you to close in as short as 7 days, the fastest legal minimum according to government regulations.
Removing the stress of the unknown before you shop for a home will allow you to search with more focus, and you won’t have to wonder if your finances will allow you to qualify for a mortgage payment. Experience has proved that the Competition Crusher vastly improves the outcome of your home shopping experience, providing you with more negotiation power in your home search and yielding a superior sales contract for you.
To Recap: The Competition Crusher is a full, complete loan approval done before you shop properties; you’ll know your numbers, monthly payments, budgets and all costs associated with acquiring your property before your search.
Once you receive full approval with the Competition Crusher, you’ll be able to structure your offer in the same way a cash buyer would—and the strength of your financing will allow you to get the best deal.
Take the example of TJ and Suzy, first time home buyers who didn’t really know where to start on the process. They came to me for advice, and I set them up with the Ultimate Home Buyer Experience Course and helped them get approved with the Competition Crusher. The outcome?
Not only did they buy their dream home for $375,000, but the appraisal came in at $397,000—instantly making them $22,000 in equity on closing day. They were able to do this with the Competition Crusher, which gave their realtor the best negotiation tool to secure an amazing deal.
There are many more TJ’s and Suzy’s out there, some of which you can find on our Client Success Stories page.
So if you’re thinking of buying a house in the next 3-6 months, it’s clear: the better qualified you are and the more preparation you do upfront, the better the results will be for you in the end. This loan product will give you a leg up on the competition, and you won’t be disappointed! As always, feel free to reach out to me with questions, or apply today and move on to the next lesson!