
Why the Pre Qual is So Important in Arizona Real Estate
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Your Pre Qual Letter is Your Golden Ticket
In Arizona real estate, having a pre qualification letter is not just a recommendation—it is a requirement. This document proves you are a serious buyer who is financially prepared and ready to make a move. Chris Dunham, The Real Estate Guy™, explains why skipping this crucial first step could mean missing out on the home you love and how getting pre qualified puts you in the best possible position when making an offer.
TDIL: What You’ll Learn in This Blog
Why a pre-qual letter is required with every offer in Arizona
What lenders review before issuing your letter (credit, income, and more)
How pre-qualification helps you understand loan terms and monthly costs upfront
Why this step speeds up the process once you’re under contract
How being pre-qualified can give you the winning edge—even over higher offers
Why skipping this step could cost you the home you love

Here’s Why Your Pre Qual Letter Matters:
1. It is Required with Every Offer in Arizona
Real estate agents and sellers expect to see a pre qual letter attached to any offer. Without it, your offer may not even be reviewed.
Example: A buyer in Chandler lost out on their first dream home because their agent submitted an offer without a pre qual letter.
2. Shows You Have Talked to a Lender
Getting pre qualified means you have already discussed your goals with a lender and reviewed your credit report.
Example: A buyer in Phoenix had their credit pulled and documents reviewed, speeding up the process once under contract.
3. Confirms Financial Documentation
The lender reviews your income, bank statements, tax returns, and W 2s to give a clear picture of your qualifications.
Example: A Mesa couple submitted all their documents up front and received approval in record time after their offer was accepted.
4. Provides Estimated Loan Terms
Your pre qual letter includes projected costs, loan type, and any conditions needed for full approval.
Example: A Tempe buyer saw their estimated interest rate and monthly payment before committing to a home purchase.
5. Strengthens Your Position in Competitive Markets
With inventory still tight in parts of Arizona, serious buyers need to stand out.
Example: A Scottsdale buyer with a strong pre qual letter was chosen over another buyer offering more money but lacking documentation.
Do Not Skip This Step
In Arizona, your pre qualification is not optional—it is essential. Think of it as your golden ticket. It opens doors, speeds up approvals, and shows sellers you are not just looking—you are ready to buy.
Get Pre Qualified Today
Chris Dunham is ready to help you take the first step toward homeownership. With trusted lender connections and expert advice, you will be ready to act when the right home comes along.
📞 Call Chris Today
602 321 6188
Let’s get you connected to a great lender and pre qualified so you are ready to make your move.

The Home Buying Process
Why Pre Qualification is Crucial in Arizona with The Real Estate Guy™ #RLS8GUY
🎥 Watch Video: https://www.youtube.com/watch?v=dS2pUM_t7hg