How important is it to have your financing ready to go.

It always inportant to have your lending for a home purchase ready to go, but when it comes to buying a bank owned property it is critical to help get consesions from the bank.

They are willing to over look some of the items you have requested like a cheaper purchase price or paying closing costs if you can close in a hurry. To do this is a must that all items are done in advance with the your lender, this is especially true in this day of full documentation loans.