In order to get a mortgage pre-approval, you must present your financial information to the lenders (your bank of choice), so that they approve an amount to lend and make a commitment to do so. That way, when you are looking for a property to buy, you will know exactly how much you can spend.
Purchasing a home is considered to be one of the biggest financial investments a person will make in their lifetime. There are an endless amount of things that can go wrong with a home. Burglaries, flooding, fire; are all tragedies that can affect home owners financially and emotionally. In order feel secure, home insurance will ensure that your home along with your personal belongings will be replaced in case of an emergency.