Point2Homes
SEPTEMBER 30, 2021
The Buyer Is Not Pre-approved for a Loan. Although buyers are not required to be pre-approved for a loan in order to buy a house, expecting them to be is perfectly reasonable. As a seller, you will save valuable time when dealing with pre-approved buyers. If not, the deal falls through.
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. Home inspection contingency. Home inspection contingencies may lead to further price negotiations , depending on what issues turn up. Still, there’s risk in any real estate transaction.”.
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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.
HomeLight
MARCH 13, 2023
More certainty: With a pre-offer walk-through, a cash home buyer can generally provide a firm cash offer that comes with few contingencies, or no contingencies at all. You don’t need the added stress of waiting for the buyer’s mortgage approval or a home inspection turning up any unpleasant surprises.
HomeLight
MARCH 16, 2023
More certainty: With a pre-offer walk-through, a cash home buyer can typically provide a firm cash offer that comes with few contingencies, or no contingencies at all. Ramcharitar advises asking for proof of funds such as a bank statement to ensure the buyer has enough resources to cover the price of the home.
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