Olympus Executive Realty
Liz Souza

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Why Getting Pre-Approved Should Be Your First Step Before Home Shopping
 

Buying a home is one of the most exciting milestones in life—but before you start touring properties or falling in love with dream kitchens, there’s one important step you shouldn’t skip: getting pre-approved for a mortgage.

What is Pre-Approval?
Pre-approval is when a lender reviews your finances—income, credit score, debt, and assets—and determines how much they’re willing to lend you. You'll receive a letter stating this amount, which is typically valid for 60–90 days.

Why Is Pre-Approval So Important?

1. Know What You Can Afford
House hunting without a clear budget can lead to disappointment. Pre-approval gives you a realistic price range, helping you focus on homes that truly fit your financial situation.

2. Required for Offers

In today’s market, most sellers and their agents require a pre-approval letter to even consider an offer. Submitting an offer without one often means it won’t be taken seriously—or considered at all.

3. Match You with the Right Property
Your pre-approval doesn’t just tell us how much you can spend—it also tells us what type of mortgage you qualify for(FHA, VA, conventional, etc.). That information is key to matching you with homes that will meet the loan’s specific property condition and eligibility guidelines.

4. Strengthen Your Offer
A pre-approval shows sellers you’re a serious, qualified buyer. In multiple-offer situations, that letter can be what tips the scales in your favor.

5. Catch Red Flags Early
Getting pre-approved helps identify potential issues—like credit score problems or high debt-to-income ratios—beforethey become roadblocks during the buying process.

6. Potential to Lock in a Rate
Some lenders allow you to lock in your interest rate at pre-approval, helping you avoid rate increases while you shop.

7. Buy with Confidence
With pre-approval in hand, you can shop strategically, make strong offers, and move faster when the right home comes along.

The Bottom Line
A pre-approval is more than just a financial snapshot—it’s your golden ticket to starting the home buying journey with confidence. It helps your agent (that’s me!) match you with the best properties and ensures that when you’re ready to make an offer, everything is in place to make it count.
Have questions or need a recommendation for a great local lender?
Let’s chat! I’m here to guide you every step of the way.

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Realtor Equal Housing Opportunity Multiple Listing Service
 

What my clients are saying  

Mrs. Liz Souza was very helpful and informative during the process of buying. I highly recommend her services for any beginner, intermediate, or experienced person wanting to buy a property.

 

~ Alejandro G.

Liz will go the extra mile to help you, she is very nice. Thank you liz!!!!!

 

~ Shereca S.

Great advice. Professional. Will recommend to family and friends.

 

~ Joey B.

Liz Souza is an amazing realtor! I’ve been working with her for several months to find my dream home in Florida. I live in TN and Liz did a fantastic job of finding great listings for me to review online and in person when I made trips to Florida. She went the extra mile sending videos, photos and FaceTiming with me to help narrow my search. She was a great advocate for me and helped me get the very best deal and value for my money. She is so responsive and would respond to texts or emails almost immediately. She listened to what I wanted and didn’t want and helped me find my dream home and was with me every step of the way through closing, providing support and great advice. She used her expertise and knowledge to ensure everything went smoothly- from the time I signed the contract until closing was only about 3 weeks— she gets things done!! She is the best and I highly recommend Liz if you need a realtor in Central Florida!! Thank you, Liz, for helping make my dream a reality!!

 

~ Lisa L.

Liz is incredibly easy to work with and consistently gets things done promptly. She made the entire process smooth and stress-free with her proactive approach and excellent communication. I highly recommend Liz for anyone looking to buy or sell a home!

 

~ Evett B.

Absolutely amazing to work with! No matter what I sent her she was on it. Let me weigh my options and guided me through it all. Very down to earth and helpful. Thank you for all your help don’t think we could have done this without you!

 

~ Amber S.

Liz went above and beyond! Liz maintained constant contact throughout the whole buying process. She watched out for my best interest and quickly responded to any issue that came up. With buying a house, there will always be some road blocks. Liz Souza is who you need in the driver's seat! Highly recommended!

 

~ Paula S.

I had the pleasure of teaming up with Liz recently on a transaction with a mutual client, and it was a great experience. Liz is not only incredibly professional and dedicated but also down-to-earth and fun to work with. Her efforts led to securing valuable seller credits to cover our client’s closing costs. If you're looking for a skilled and friendly real estate agent, Liz is your go-to!

 

~ Mike C.

We have been searching for a home for a year, with realtors who would just kinda fall of the face of the earth. Liz helped us, didn’t give up, didn’t stop communicating with us, she went FULL steam ahead to make sure we got a home! I highly recommend her! Thank you Liz!

 

~ Jenna M.

Liz was the best realtor I've ever had and will have. She did more things than she had to do for the sale of my house in Florida.

 

~ Cynthia B.

We have had the pleasure of working with Liz many times, and can say with an absolute certainty she ALWAYS has the clients interest at heart. I have no problem at all recommending her as a Realtor that goes the extra mile!

 

~ Jason S.

My wife and I had the pleasure of working with Liz to purchase a property, and I must say she was fantastic! From the moment we met her, it was evident she had our best interests at heart. A day after signing the contract, we went on vacation and the Wi-Fi was not always available. Although it was challenging at times to reach us, Liz did an amazing job of keeping us updated throughout the process! I would highly recommend Liz to anyone looking to purchase a property.

 

~ Mari C.

The BEST

 

~ Ranny H.

Liz is such a pleasure to work with. She works so hard to get you exactly what you're looking for. I would highly recommend her.

 

~ Jessica R.

Liz was absolutely amazing with helping me find my first home. She made me feel so cared for during the home buying process and made me feel so comfortable. She truly cares for her clients and I cannot recommend her enough!

 

~ Kailyn M.

Liz was a pleasure to work with. Always giving honest advice and opinions. Helping deal with a difficult builder and eventually helping find a better house and deal. We can highly recommend her services.

 

~ Gustaf L.

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