As-is Finance Pre-approval Proof of funds 
The Close
FEBRUARY 14, 2024
So, let’s turn up the brightness and shed some light on the real estate industry. Setting the Right Expectations Myth #1: Going With the First Buyer Is Rarely the Best Choice After navigating hundreds of real estate deals, I can confidently say that your first offer is nearly always the best. This is one of the top blunders your sellers could make.
Point2Homes
SEPTEMBER 30, 2021
It’s used by buyers who already have a home they’re looking to sell to finance buying another one. Despite now having a little experience under your belt, selling your home can be just as tricky as buying it was. Signs of potential delays, scams or suspicious offers should all raise red flags. Lots of Viewings, but No Follow-ups.
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HomeLight
NOVEMBER 1, 2021
It’s likely that you will sell your home to a buyer who will finance the purchase with a mortgage. According to the National Association of Realtors (NAR), 87% of home buyers finance property purchases with a mortgage. They may also use gift funds from family members to make up the difference. Source: (Valmedia / Shutterstock).
HomeLight
JUNE 29, 2021
Your sale is more likely to close and close faster with a cash offer than with an offer that hinges on a mortgage approval. This means that the buyer has the funds to purchase the home in full. A cash offer may come from a homebuyer with liquid funds who wants an edge over the competition. OK, but what exactly is a cash offer?
HomeLight
JANUARY 5, 2022
They help clients save money by representing both sides and a pre-arranged discount.”. Not all states require you to hire a real estate attorney to buy or sell real estate, but it’s almost always advisable to get legal representation in a sale among parties with a pre-existing relationship. This place is gorgeous! Single Family Homes.
HomeLight
AUGUST 31, 2021
Ask for proof of funds: You should always obtain documentation that a person or company is who they say they are and actually has the funds and abilities to complete a transaction of this size. Plus, you’ll save money on things like commissions, repairs, and closing costs.”. Are cash-for home companies legit?
HomeLight
OCTOBER 20, 2022
Many FSBO sellers will purchase a pre-listing appraisal. The buyer’s lender will probably require their own appraisal as part of their loan approval process. Pre-inspection. Getting a pre-listing inspection can facilitate a quicker sale because it eliminates surprises – and gives the seller time to fix major flaws.
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