Redfin

SEPTEMBER 2, 2020

But because of the high demand in the current housing market , your real estate agent comes back with the unexpected news that several other homebuyers have also submitted offers on the home. However, with representation from an experienced real estate agent, you can navigate the bidding war process wisely and win the house.

Pre-approval 78

Pre-approval Loan contingency Agents Banks 78

HomeLight

AUGUST 31, 2021

Ever since the 2008-2009 recession, cash offers have become more prevalent, accounting for 33% of sales as of 2021 — that’s up from 20% in 2019. The most obvious contingency with an offer that requires financing is, of course, the financing itself. In other words, if you can’t secure a loan, you won’t be buying the house.

Due diligence 75

Due diligence Inspection Pre-approval Pre-qualification 75

HomeLight

MARCH 23, 2022

In the words of Leslie Peterson , a top agent in San Francisco , California: “It’s just a crazy market right now.”. If they have underwriting approval, versus just a preapproval, they’re a much stronger buyer than someone with just a preapproval letter. Real Estate Agent. Only include essential contingencies.

Pre-approval 93

Pre-approval Marketing Inspection Finance 93