Pre-Approval vs Pre-Qualification: Why One Gets Your Offer Accepted and One Doesn’t
Here’s what probably happened: the other buyer had a pre-approval letter, and you only had pre-qualification. To sellers, that’s the difference between a serious buyer and someone who might waste their time.

Metro Associates Realty : https://www.google.com/maps?ci....d=610456141539348320

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https://nwacolorado.org/pre-ap....proval-vs-pre-qualif