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EDIT: In thinking about it some more, these might be all from the old days, when pre-approval was done without much documentation being submitted, i.e. the bank basically checking a serviceability calculator. So it may well be a moot point, and today's much more thorough pre-approvals may have a...

A pre-approval's near worthless, IMHO. There are a lot more "subject to" conditions on a pre-approval than simply valuation - which is in itself a huge proviso - such that it wouldn't increase my confidence one iota.