Whether to buy or rent depends on your financial situation, long-term goals, and lifestyle. Buying is good for long-term investment and stability, while renting offers more flexibility.

Pre-approval letter can give homebuyer an idea on how much they can borrow, which can help narrow down the price range of homes to consider. It also shows sellers that the buyer is serious and financially capable of purchasing a home.

It generally takes 30-45 days from when your offer is accepted to when you close on the house, assuming it is a resale house and there is no major issues arise.