How to verify a buyer's pre-approval; agents should check these items before showing homes.

As a buyer's agent, verifying a pre-approval before showing homes is not just a formality. A client saying their budget is $700,000 doesn't mean they can reliably purchase at that price point. You need to look at the loan type, down payment percentage, whether taxes and insurance are included, HOA limits, and whether the monthly payment remains acceptable if interest rates change. I generally…