Real Brief - LI & NY's Real Estate Show! Is the pre-approval letter worth the paper that it's written on? Could it be wrong?

The pre-approval letter is one of the most well-known portions of the real estate process. Homeowners and home buyers alike rely on this letter as verification of a buyer's ability to be able to purchase the property.<br /><br /> But is this paper even the least bit accurate? At what point is it accurate? What details does it leave out? How important is all of this to you as both a buyer or a seller? I have all of your answers right here! 516-444-5341.