Due diligence Mortgage pre-approval letter Residential Seller concession 
HomeLight
APRIL 26, 2023
Not having agent representation could also lead to paying more in seller concessions. The first due diligence you want to do is make sure they have proof of funds ,” Graham recommends. You’ll still have selling costs, which may include transfer taxes and settlement fees. Require everything in writing. See the next step!)
HomeLight
DECEMBER 6, 2022
Not having agent representation could also lead to paying more in seller concessions. She cautions that buyers can get a pre-approval letter online that’s not worth the paper it’s written on. Marketing your home is time-consuming. Require everything in writing. But this doesn’t mean you’re off the hook.
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HomeLight
DECEMBER 13, 2022
Not having agent representation could also lead to paying more in seller concessions. Here are key considerations when considering an offer on your Virginia home: Vet potential buyers by requiring a mortgage pre-approval letter or proof of funds. Marketing your home is time-consuming. See the next step!).
HomeLight
DECEMBER 6, 2022
Not having agent representation could also lead to paying more in seller concessions. Before signing anything, Knipe says to do your due diligence. Here are key considerations when considering an offer on your Oregon home: Vet potential buyers by requiring a mortgage pre-approval letter or proof of funds.
HomeLight
OCTOBER 1, 2022
Sellers aren’t required to hire a real estate attorney in Ohio, but FSBO sales typically warrant legal and professional oversight of some kind to avoid an abundance of legal risk. For example, in Ohio, you’ll need to meet a number of mandatory disclosures and complete a Residential Property Disclosure form. See the next step!).
HomeLight
OCTOBER 14, 2022
Whether you hire a listing agent or not, the Illinois Residential Real Property Disclosure Act requires sellers to disclose known defects and problems with a property to prospective buyers. Sellers are required to provide disclosures of known problems to buyers before signing the real estate contract. Earnest money, for example.
HomeLight
NOVEMBER 23, 2022
Not having agent representation could also lead to paying more in seller concessions. Before signing anything, you’ll need to do your due diligence to evaluate the terms of the offer and assess whether the buyer’s financing looks satisfactory. This does not necessarily give the seller a free pass, however.
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