Keeping Current Matters

MARCH 15, 2021

The best way to know this is to get pre-approved for a loan early in the homebuying process. Only 44% of today’s prospective homebuyers are planning to apply for pre-approval, so be sure to take this step so you stand out from the crowd. Don’t make an offer that will be tossed out as soon as it’s received. Bottom Line.

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Inspection contingency Pre-approval Inspection Staging 334

Housing Wire

JUNE 24, 2021

” The process requires a pre-approval that once passed allow buyers to submit an all-cash offer with Accept.inc’s proof-of-funds. The all-cash contract signed between Accept.inc and the seller is still contingent on a satisfactory inspection that can be negotiated between the buyer and agent.

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Equity Proof of funds Pre-approval Investor 408

Keeping Current Matters

JUNE 21, 2021

That’s why you should connect with a lender to get pre-approved for a loan early in the homebuying process. A skilled agent will do everything they can to help you stay on top of every possible opportunity. Use an agent as your trusted advisor to make a strong, but fair offer based on market value, recent sales, and demand.

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Inspection contingency Pre-approval Inspection Rent back 328

Housing Wire

FEBRUARY 21, 2023

How origination modernization benefits lenders The mortgage application and pre-approval processes have been digitized for some time, to the benefit of borrowers and lenders alike. Streamlining operations Once a borrower is approved for a mortgage loan, the process should run like clockwork.

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Pre-approval Technology Title Loans 364

BAM Media

MARCH 5, 2025

Waive Inspections (With Caution) Waiving inspections is high risk, high reward. Set a Threshold for Inspection Repairs If waiving inspections isnt an option, a threshold-based inspection can be a great middle ground. Have the Lender Call the Listing Agent A lender call can be the deciding factor.

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Earnest money deposit Agents Inspection Marketing 66

Windemere Selling

MARCH 3, 2025

Look to your real estate agent for advice and keep the following guidelines in mind. Pre-approval lets sellers know youre serious. Most importantly, pre-approval will help you determine exactly how much you can comfortably afford to spend. #3 How can you avoid potential selling pitfalls and common buying mistakes?

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Pre-approval Inspection Closing costs Agents 60

Housing Wire

NOVEMBER 30, 2023

Your path to real estate licensure begins with 120 hours of classes in an approved Ohio real estate license education program. From completing your required coursework to taking the licensing exam, keep reading to learn how to become a real estate agent in Ohio. Wondering how to get a real estate license in Ohio in 2024?

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Brokerage Pre-approval Agents As-is 455

Housing Wire

DECEMBER 8, 2023

Are you looking to get licensed as a real estate agent in Arizona? We’ve reviewed all the key information to determine the best Arizona real estate schools to help you get licensed quickly and efficiently with a state-approved, online program at an Arizona real estate school. out of 5 stars Rating: 4.5 out of 5.

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HR Purchase and sale agreement Pre-approval Staging 423

Housing Wire

APRIL 22, 2024

Access to a hyper-local agent is more important now than ever. You can absolutely send this type of mailer to homeowners around a recently sold property that someone else sold — but make sure you adjust the language and ensure it’s clear you were not the listing agent. I recommend getting permission from the listing agent first.

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Brokerage Investor Agents Pre-approval 447

BAM Media

MARCH 6, 2025

If youre a listing agent trying to bring hesitant clients off the fence, priority number one is understanding exactly what is holding your sellers back. Eight things sellers fear a home inspection could reveal: Issues with windows or doors like drafts, broken seals, etc. (18% Read on for the top 10 possible reasons. #1.

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Agents Pre-approval Inspection Mortgages 72

Lighter Side of Real Estate

MARCH 5, 2025

With more options available, buyers feel less urgency and are more likely to walk away during the inspection period or contingency phase, especially if a more appealing home hits the market. A pre-approval is great, but a buyer with strong financial reserves and a history of stable income may be less likely to back out.

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Purchase and sale agreement Pre-qualification Pre-approval Inspection 80

Realtor.com

AUGUST 13, 2020

Step 1: Getting mortgage pre-approval. If problems crop up—with the home inspection, appraisal, mortgage, or other things—then the real estate buying process could take even longer. Step 1: Get pre-approved for a mortgage. Keep in mind that mortgage pre-approval is different than mortgage pre-qualification).

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Pre-approval Pre-qualification Due diligence Loans 143

Redfin

MARCH 4, 2025

As you’re looking to buy a home, it’s possible that you may not have a real estate agent. Whether you weren’t planning on buying a home and suddenly found a home you want to make an offer on, or maybe you worked in real estate, there are reasons that you may be buying a home without an agent. Combine inspections.

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Pre-approval Inspection contingency Agents Inspection 31

Realtor.com

DECEMBER 30, 2021

Still, a potential buyer sends a roofer to check things out without your approval. Sending a professional to somehow inspect the condition of your home unannounced may seem a bit bold on the buyer’s part. “And all parties should have committed to and agreed to the inspections and their resolutions.”

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Inspection Pre-approval Agents Residential 93

HomeLight

OCTOBER 30, 2020

This response may irk you, but when it comes to the inspection, what you know can hurt you as a seller. Whoever paid for the inspection gets the report. The buyer’s agent usually provides a list of inspectors they recommend. The bottom line is: If the buyer pays for the inspection, it’s theirs to share or not share.

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Inspection Pre-approval Branding Agents 101

HomeLight

DECEMBER 7, 2021

Whether you’re buying, selling, or refinancing a home, you’re probably going to have to endure a home inspection. It can necessitate a lot of preparation and cause a certain amount of anxiety, but a home inspection is an important part of the process when you’re selling a home. But what’s inspected? Prepare for an inspection.

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Inspection Purchase and sale agreement Pre-approval Closing 105

HomeLight

MAY 27, 2021

And while you understand that a home inspection and appraisal are integral to selling your house, it’s easy to forget how these processes work. Costa is also the author of “ What Every Realtor Should Know About Home Inspections: A Guide to Avoiding Traps and Common Mistakes ”. What is a home inspection? What is an appraisal?

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Inspection Purchase and sale agreement Pre-approval Loans 105

Housing Wire

DECEMBER 7, 2023

After completing an approved course of study, you’ll be able to sit the state real estate exam. Colibri Real Estate is a state-approved real estate education provider with over 132 instructors experienced in Massachusetts real estate sales and teaching best practices.

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HR Pre-approval Brokerage Commercial 426

Realtor.com

NOVEMBER 11, 2022

monkeybusinessimages/iStock No, it’s not leaping into buyer mode by picking out a real estate agent who has pretty homes, setting up a home inspection, and then moving in your sectional couch. Step 2: Qualify for a home loan or loan pre-approval. Step 1: Why financing is the key to buying a new home.

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Pre-approval Pre-qualification Debt-to-income ratio Loan Officer 131

Point2Homes

DECEMBER 7, 2020

The real estate agent you choose to work with is even more important when buying a foreclosure. Specifically, a real estate agent who is experienced in helping buy foreclosures and who has a good knowledge of the local area will know when a home is a bargain. Getting Pre-Approved. Getting the Right Help.

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Debt-to-income ratio Pre-approval Inspection Inspection contingency 118

Realtor.com

NOVEMBER 23, 2020

Getting pre-approved for a mortgage and securing financing are an essential first step when buying a home. Getting pre-approved for a loan is obviously important, but is there anything else they can do to put themselves in a good position?” Secure your financing as soon as possible. Tour homes virtually first.

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Pre-approval Finance Inspection Loans 145

Realtor.com

OCTOBER 29, 2020

Most purchase agreements have contingencies —things that buyers must do before the real estate transaction is official, explains Jimmy Branham , a Coral Springs, FL, real estate agent at the Keyes Company. It’s rarely advisable to waive an inspection contingency. Get final mortgage approval. Your home inspection reports.

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Closing Earnest money deposit Inspection contingency Purchase and sale agreement 139

Marco Santarelli

JANUARY 22, 2025

Here are some tips that I feel are crucial: For Buyers: Get Pre-Approved: Know your budget and get pre-approved for a mortgage before you start looking. Work with a Local Realtor: A local real estate agent can offer expert advice and help you navigate the market in specific locations.

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New Construction Construction Pre-approval Design 98

Marco Santarelli

MARCH 20, 2025

As per reports, the East Coast markets have not yet recovered to pre-pandemic levels, which keeps the market pace snappy. If you're thinking about buying or selling in one of these hot markets, here's what you need to know: For Buyers: Get Pre-Approved: Having a pre-approval letter in hand shows sellers that you're a serious buyer.

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Pre-approval New Construction Marketing Inspection 52

The Close

NOVEMBER 8, 2020

If you’re a real estate buyer’s agent, there’s no doubt you are BUSY. Buyers tend to take a lot of time, have a ton of questions, and need plenty of attention from their agents, making life as a buyer’s agent a little crazier than most of us would like. Real Estate Buyer Agent Checklist #1: Mortgage Pre-approval.

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Pre-approval Agents Closing Branding 98

Realty Biz

JANUARY 29, 2022

But draining every bit of cash from your savings is a big mistake, especially when there are additional home-buying costs, including: A home inspection Closing costs Home insurance. Not Getting Pre-Approved. Get pre-approved for a mortgage. Choosing the First Bank That Approves You. What To Do Instead.

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Pre-approval Mortgages Closing costs Principal 124

HomeLight

MARCH 4, 2025

From working with a top local real estate agent to considering a cash sale, well outline the best strategies to help you move forward with confidence. This route eliminates many of the delays associated with listing a home, attracting buyers, and waiting for financing approvals. saving you time and alleviating stress.

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Pre-approval Inspection Sales Closing 52

HomeLight

SEPTEMBER 30, 2020

“You have to wait for the current owner’s bank to approve the short sale,” says Jessica Sanchez, Director of Underwriting and Loan Management at HomeLight. On average, you can expect a short sale to take between 60 to 90 days before you get the bank’s approval on your offer.

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Short sale Loans Sales FHA loan 138

Lighter Side of Real Estate

SEPTEMBER 22, 2022

Which is why real estate agents totally understand if you’re running a few minutes behind to meet them. Of course, some reasons for running late are more acceptable than others to an agent…. You were with another agent. Don’t use this one as your excuse weeks later and expect your agent to feel like it’s a legit reason.

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Pre-approval Agents Inspection Branding 104

Realty Biz

DECEMBER 23, 2022

Last December, 19% of homebuyers waived the home inspection contingency component of their real estate sales contract. Even though most realtors don't recommend not ordering a home inspection, in a tight market, waiving the contingency may improve a buyer's chances of a seller accepting their offer. What Does a Home Inspection Include?

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Inspection Inspection contingency Pre-approval Closing 81

Lighter Side of Real Estate

AUGUST 5, 2020

Ask an agent to go see houses before getting pre-approved. If you haven’t actually qualified for financing, you should hold off on going to look at houses with a real estate agent (or even going to open houses), since there’s no guarantee that a mortgage company can lend you the money. Try to mislead the mortgage company.

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Pre-approval Debt-to-income ratio Title search Finance 145

RIS Media

OCTOBER 29, 2020

When you are happy with what a lender is offering, you need to get pre-approval. A pre-approval letter will show real estate agents that you are a serious buyer who can get the loan needed, which could give you an advantage over other buyers. Home Inspections. You can attend the inspection if you want.

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Pre-approval FHA loan Inspection Closing costs 140

Lighter Side of Real Estate

JANUARY 24, 2022

Somehow, some way, no matter who you are, how long you’ve been in the business, or where you do business, there are certain phrases every agent hears (or utters) when interacting with other agents. This comes out a millisecond before the buyer’s agent tells you the actual amount the buyer is offering. 5) “In my experience…”.

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Agents Pre-approval Inspection As-is 98

Redfin

MARCH 4, 2025

That means there’s no home inspection or appraisal. If the auction accepts financing, make sure you have a pre-approval ready. Youll need to coordinate with your real estate agent in order to tour these properties. Short sales A short sale is not the same as a foreclosure or a pre-foreclosure.

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Pre-approval FHA loan Short sale Banks 34

HomeLight

JANUARY 5, 2022

Real Estate Agent. Real Estate Agent at The Kaminsky Real Estate Group. Do: Consider hiring a real estate agent. Hiring a real estate agent is not compulsory when you sell a house to a friend. It’s always tougher to negotiate with a friend,” says Edward Kaminsky , a top real estate agent in Los Angeles County. “If

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Pre-approval Purchase and sale agreement Title search Title 111

Toronto Realty Blog

JUNE 2, 2021

They would be conditional on a lawyer’s review, a home inspection commissioned by the buyer (but paid for by the government…), satisfactory and guaranteed mortgage financing, a catch-all for unfettered “due diligence,” and a mandated ten-day cooling-off period where the buyer can change his or her mind for any reason.

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Pre-approval Inspection Purchase and sale agreement Due diligence 98

HomeLight

JUNE 21, 2022

But you’ll still have to get over the home inspection hurdle that could reveal issues requiring repairs or cause buyers to renegotiate a lower sales price or even walk away from the deal. While 18% of settlements are delayed, problems encountered during inspections hold up one in ten contracts. What is a home inspection?

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Inspection Purchase and sale agreement Pre-approval Inspection contingency 122