There is nothing more painful in real estate than "The Heartbreak House." This happens when a buyer finds their absolute dream home, falls in love, and then discovers they don't qualify for the loan.
Once you’ve seen a $1.2M home, every $900k home you look at afterward will feel like a compromise. It ruins the experience. This is why I insist that every buyer I work with gets pre-qualified before we step foot in a house. Interest rates are currently hovering around 6%, but they move daily. Know your numbers first, so when you find "the one," you can move with confidence rather than a prayer.
