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To: Shoot1st who wrote (67)	2/19/2001 11:21:04 PM
From: Ilaine	Read Replies (2) \| Respond to of 6901

What we had with the pre-approval was a guarantee from the lender that they would lend us X amount of dollars to buy a house - we were actually approved for a lot more than we wanted to pay! We just had to be able to make the down payment, but had already demonstrated that to the lender's satisfaction. But to keep the seller's agents from getting greedy, we didn't tell them how much we were pre-approved for, just that we could swing the deal if it worked out. Anyway, we knew exactly how much house we could afford, so that kept us from getting greedy. Grub.:)