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11 Things to Know Before Buying a House

Redfin

Proof of funds (POF): A POF is a lender-issued document showing how much money a person has to cover the purchase costs. When purchasing a home, you may need a POF to show the seller that you can cover the closing costs, purchase price, and down payment. You may qualify for first-time homebuyer programs.

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How to Sell a House By Owner in Louisiana: A Pelican State FSBO Guide

HomeLight

Next: Consult our guide on who pays closing costs when selling a house by owner for more details. Here are key considerations when considering an offer on your Louisiana home: Vet potential buyers by requiring a mortgage pre-approval letter or proof of funds. Require everything in writing.

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How to Sell a House by Owner in New Jersey

HomeLight

Next: Consult our guide on who pays closing costs when selling a house by owner for more details. Zillow is designed to work for the agent and not for the seller,” warns Murphy. Plus, when a seller isn’t working with an agent, the buyer’s agent may end up carrying more of the weight to get the deal to the finish line.

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How to Sell a House by Owner in South Carolina: A FSBO Guide

HomeLight

Next: Consult our guide on who pays closing costs when selling a house by owner for more details. In South Carolina, a real estate attorney is required to oversee the closing process. And then when that happens, I tend to see people lose money at the closing table,” explains Richter. Require everything in writing.

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How to Sell a House By Owner in Pennsylvania: A Keystone State FSBO Guide

HomeLight

Next: Consult our guide on who pays closing costs when selling a house by owner for more details. If the property is located in a wetlands area or a designated Special Flood Hazard Area. Plus, when a seller isn’t working with an agent, the buyer’s agent may end up carrying more of the weight to get the deal to the finish line.