It's like a temporary limbo filled with equal parts excitement impatience and a touch of anxiety. Hang in there dear entrant; good things come to those who know how to wait. Pre-approved? Time to celebrate Now that you understand the ins and outs of condo pre-approval it's time to celebrate. You've taken a big step forward in the maze of apartment hunting and that deserves a round of applause. So dare to do a victory dance call your loved ones or treat yourself to a well-deserved scoop of ice cream. After all you are one step closer to finding your perfect nest. Remember getting pre-approved for an apartment is an exciting milestone but it's just the beginning. After you've celebrated put on your apartment hunting boots and get ready to dive into the adventure of finding your dream apartment.
Good luck and may the rental gods shine upon you FAQ: What does pre-approved apartment mean Email Marketing List So you found the perfect apartment and the landlord mentioned something about being "pre-approved". What does that even mean? Don't worry we've got you covered In this FAQ-style section we'll answer some common questions about apartment pre-approval in a friendly and entertaining way. Let's dive in Why does it take so long to get a rental application approved? Waiting for your rental application to be approved can seem like an eternity right? Well to be honest there are several reasons why it takes time. they find responsible tenants who will take good care of the property.
They must review your application check your references run a credit check and perform other checks. So grab some snacks and watch your favorite TV show while it's on Can funding fall through after pre-approval Ah the age-old question. While getting pre-approved gives you a good idea of your financial situation some things can still go wrong. Changes in your financial situation such as losing your job or maxing out your credit cards while shopping can affect your pre-approval status. So keep those finances under control and remember that responsible budgeting is always a good idea How long does pre-approval last? Unfortunately pre-approval doesn't last forever. It has an expiration date just like the last slice of pizza in the fridge.