Housing Wire

JUNE 24, 2021

Led by venture capitalist firm Signal Fire as well as existing seed investors Y Combinator and DN Capital , Accept.inc said it plans to use the funding to scale its platform, double its team size and enter new markets. If the all-cash offer wins, the home is purchased from the seller and reserved until the loan is ready to close.

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Equity Proof of funds Pre-approval Investor 354

Realty Biz

SEPTEMBER 15, 2023

Cash sales remain strong, even as the real estate market recovers from the low housing inventory and soaring mortgage rates. Such buyers use proceeds from their previous home sale to pay all cash for a home in a cheaper market. Cash homebuyers can present several documents as proof of funds.

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Proof of funds FHA loan Investor Finance 92

HomeLight

APRIL 22, 2024

Cash home buyers in Albuquerque offer a straightforward way to sell your home, allowing you to forgo the investment of time, money, and effort that it takes to list it on the market. Department of Housing and Urban Development (HUD), investors with smaller portfolios (typically 1–9 units) made up 88% of the city’s investor market.

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Proof of funds Sales Due diligence Investor 64

RIS Media

OCTOBER 22, 2020

As the real estate market continues its hot streak, homes are selling faster and receiving more offers than ever before. But if your market is like Bolin’s, where a home can sell within a day of being listed, then you may have to explore some even more proactive options to find your client a home. Finding Homes for Your Clients.

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Earnest money deposit Pre-approval Marketing Proof of funds 99

RIS Media

JANUARY 14, 2022

After just four months on the market, a property on Star Island—a neighborhood in Miami Beach, Florida—sold for $75,000,000. The property was marketed by REALTOR®-Associate Elizabeth Lima of Berkshire Hathaway HomeServices (BHHS) Florida Realty. The owner was loyal to our brand and how we wanted to target a very specific market.

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Purchase and sale agreement Marketing Proof of funds MLS 90

The Residential Specialist

FEBRUARY 27, 2024

But in challenging markets with low inventory and high interest rates, it pays to stay wary. In her market, doing business with people you don’t meet face-to-face is common. In encountering the aforementioned scam, Veach had asked for and received bank statements, identification and proof of funds.

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Earnest money deposit Proof of funds Due diligence Title 98

RIS Media

SEPTEMBER 21, 2021

However, the luxury market comes with a different set of conditions. Working with a well-versed broker in the luxury market is key to ensuring a smooth home searching and buying process. Have Proof of Funds. Therefore, it’s important you have the documentation to prove you have the funds before making an offer.

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Proof of funds New Construction MLS Construction 71

HomeLight

NOVEMBER 1, 2021

If you’re selling your home in a hot market rampant with bidding wars that drive up the purchase offers on home sales, you may realize that your home is unlikely to appraise for the inflated purchase offer or even for your asking price. In this case, the buyer hopes that the new appraisal will come in closer to market value.

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Purchase and sale agreement Proof of funds Backup offer Finance 90

Dwell Real Estate

JANUARY 30, 2020

Along with enjoying the mild winter weather, many visitors are in the market to buy real estate. We can help you become acquainted with the Sarasota real estate market and you can decide if this is the right area for you. Season is officially upon us. For Real Estate Offices, this is, by far, the busiest time of year.

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Pre-qualification Proof of funds Earnest money deposit Inspection 52

Realtor.com

APRIL 30, 2021

But then his ideal home came on the market. To afford the $650,000 home, Leonard opted to use his cryptocurrency investments to cover a down payment and as proof of funds for the mortgage he took out to buy the home — he opted for a mortgage, rather than buying the home outright, because of the low interest-rate environment.

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Earnest money deposit Proof of funds VA loan Loans 76

Lab Coat Agents

MARCH 4, 2022

The perfect storm of opposing forces has created a market unlike any we have ever seen – record low inventory and record demand from millennials aging into the market, as well as historically low interest rates have created a true “Seller’s Market” leaving Buyers battered and bruised from the fight for houses.

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Proof of funds Inspection Loans Loan Officer 98

Realty Biz

MARCH 19, 2022

Remember that proof of funds is also important when making a cash offer as it helps the land seller be confident that you gave access to the money. The post The Dos and Don’ts of Buying Land for Sale appeared first on RealtyBizNews: Real Estate Marketing & Beyond. Don’t: Assume You Can Have the Property Rezoned.

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Land Sales Proof of funds Due diligence 83

Real Trends

JULY 26, 2022

Even with the rise in price, my gas expenses haven’t gone up too much since my market area is where I live, and my clients are all looking really close by.”. “I own my vehicle outright and I do my oil changes at home, so unless something big comes up or I have to buy new tires, I just have gas expenses and oil for oil changes,” she said.

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Agents Proof of funds Pre-approval As-is 96

Point2Homes

SEPTEMBER 30, 2021

If you haven’t already, try hiring a real estate agent to market your home. And the more time your home spends on the market, the more it becomes a red flag to them. It’s possible that you’ve priced your home too steep compared to the market value or that the neighborhood itself is in decline. Lowball Offers.

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Pre-approval Proof of funds Inspection contingency Due diligence 98

The Close

FEBRUARY 14, 2024

Myth #2: Wiggle Room in Pricing Is Essential for Negotiation The market price of a home can fluctuate by tens of thousands of dollars over a year. If you’ve got an overpriced listing on the market, it gets staler every day that the listing is available. Marketing your listings is one of those pieces that is done behind the scenes.

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Pre-approval Earnest money deposit MLS Renovation 98

HomeLight

SEPTEMBER 9, 2020

But if your cash is socked away in various places, like stocks or money market accounts, you’ll want to cash out those accounts and gather your money together. Once you’ve figured out where the money is coming from, it will be easier to take the next step: getting proof that you have the cash. Obtain proof of funds from the bank.

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Inspection contingency Proof of funds Inspection Title 100

HomeLight

MAY 8, 2024

Whether you need to sell your house quickly or lack the resources to prepare it for listing, Denver cash home buyers can be a straightforward option compared to the traditional market. Denver has added thousands of new residents in recent years thanks to its pleasant weather, strong job market, and proximity to the mountains.

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Proof of funds Due diligence Investor Agents 94

HomeLight

JUNE 29, 2021

Cash offers are becoming more common, especially in this extremely competitive market,” Latif says. A cash offer may come from a homebuyer with liquid funds who wants an edge over the competition. Compare the offer against your home’s fair market value. Cash offers are often lower than the market value of your home.

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Inspection contingency Proof of funds Inspection Pre-approval 56

CT Homes

OCTOBER 30, 2020

In many markets property values have taken off to levels not seen in well over a decade. Depending on your financial situation and the growth of your market it may be a great time to explore cashing out and selling your home. Even if the market is in demand, buyers are not going to just recklessly submit an offer.

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Earnest money deposit Inspection Proof of funds Due diligence 78

Rent, Buy & Sell

JANUARY 20, 2023

This imbalance, called a seller’s market, leaves home buyers with a weak negotiating posture. The ability to buy without an appraisal gives cash buyers an advantage in a competitive market. Asking to renegotiate can be a risky request in a seller’s market rife with competing offers. But most buyers need mortgages.

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Proof of funds Loans Mortgages Agents 59

HomeLight

JULY 31, 2020

You won’t literally be paying in hundred-dollar bills, but with an all-cash offer, you must have the funds to purchase the home available in a liquid account , meaning an account that allows immediate withdrawals and transfers. For most people, this means a checking, savings, or money market account. Pro #2: Less hassle and fees.

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Purchase and sale agreement Inspection contingency Proof of funds Finance 96

HomeLight

APRIL 5, 2024

If you’re a homeowner in Oklahoma seeking a fast sale without the burden of listing on the open market, connecting with a cash buyer could be the stress-free solution you’re looking for. Oklahoma’s housing market is cooling, with homes taking longer to sell.

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Proof of funds Sales Due diligence Investor 92

Kyle Handy

MAY 3, 2023

A real estate agent business plan is essential for success in today’s competitive market. Setting firm goals will help you stay accountable and focused, allowing you to adapt to market changes or growth and remember that your business plan should be fluid and up-to-date to stay aligned with your ultimate objectives.

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Development Design Industrial Agents 68

Realty Biz

SEPTEMBER 28, 2022

We’ll now discuss how to market to as-is residential property owners. They are constantly reviewing properties and the real estate market. Due to the high costs associated with repairing a property, investors usually pay less than fair market value for a house like theirs. Selling Quickly. Investors are knowledgeable.

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Purchase and sale agreement Inspection Investor Closing costs 75

Redfin

JULY 30, 2021

The number of cash offers you may receive can depend on the local housing market , your home’s condition, or if you seek out a cash offer online. This can be more common in a seller’s market , where there are more buyers than homes available, and bidding wars are more likely. Cash for homes companies.

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Proof of funds Equity Finance Investor 63

HomeLight

AUGUST 31, 2020

A distressed home for sale probably doesn’t look any different than any other home on the market, though there is a possibility that it will be more run down. That said, such a home can likely be purchased for fair-market value. Sometimes this legal action will motivate a homeowner to sell, and they will list the home on the market.

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Short sale Sales Banks Inspection 85

HomeLight

JUNE 14, 2023

Get Started In 2023, as many as 28% of homes on the market are selling above the asking price , suggesting that bidding wars are far from extinct. How are escalation clauses used in today’s market? for the average 30-year fixed rate mortgage , home prices are proving resilient against the market slowdown.

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Finance Agents Proof of funds As-is 65

Redfin

FEBRUARY 4, 2022

Keep in mind that the housing market is ever-changing and property values aren’t guaranteed to stay the same. In turn, you may need to show proof of funding for those repairs before the loan is approved. . What to keep in mind when buying a historic home.

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Construction Inspection Proof of funds Renovation 68

HomeLight

APRIL 14, 2023

Individual program details frequently change — please visit a company’s website for the most up-to-date information on each program’s fees, market coverage, business model, and more. The timeframe may vary depending on the company and market. House Heroes also provides sellers with a proof of funds bank statement.

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Purchase and sale agreement Closing costs Closing Sales 82

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. Ask for proof of funds and EMD. Hot market puts pressure on iBuyer offers. Request Cash Offer.

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Proof of funds Investor Due diligence Closing 144

HomeLight

FEBRUARY 28, 2022

Many reviews speak of prompt and professional communication, Shaun’s excellent knowledge of the real estate market, and fair offers. To help prove their serious intentions, they are happy to offer proof of funds and provide substantial earnest money. Inconsistent market knowledge. Quick sale. But hear us out!

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Closing costs Closing Sales Staging 74

RIS Media

FEBRUARY 14, 2022

We recently had an opportunity to discuss this incredible listing with Alhadeff, and her strategy for marketing the home. She also explained how a listing like this differs from a typical home sale and offered advice to agents looking to break into the luxury real estate market. JD: What was your strategy for marketing this property?

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Proof of funds Marketing Agents As-is 85

HomeLight

JUNE 19, 2023

First, the seller is likely to want to see proof of funds. Proof of funds should be on an official letterhead from the institution where your funds are. The date, name of the account holder, and the balance of funds should all be listed.

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Land Proof of funds Purchase and sale agreement Title 108

HomeLight

JUNE 28, 2022

While proof of funds is part of a legitimate cash deal , the information would always pass between your agents and the escrow company. While they may be willing to provide lots of bogus financial details, they might not have references, a social media presence, or any real proof they exist. Probably not. Find Agent.

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Proof of funds Investor Title Agents 86

HomeLight

AUGUST 24, 2022

The destination’s great weather and tax-friendliness bring a steady stream of buyers to the market, and cash buyers help make sellers’ homes fly. This is another area where a top agent can help you tap into the out-of-state market. Before signing an offer, ask for proof of funds. How to request a cash offer in Florida.

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Purchase and sale agreement Title search Proof of funds Title 104

HomeLight

SEPTEMBER 16, 2021

So while you can expect to receive somewhat of a discount on price — how much so will depend on market competition and the state of your home — you should get a ballpark idea of your home’s current fair market value so you can recognize if you’re getting lowballed. Our Home Value Estimator is a good place to start.

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Title Inspection Proof of funds Investor 98

HomeLight

OCTOBER 20, 2022

Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. A professional appraisal will help determine the listing price based on fair market value. Comparative Market Analysis. How Much Is Your Home Worth Now?

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Purchase and sale agreement Pre-approval Inspection MLS 100