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Top 10 ways to get homebuyers to work with you

Housing Wire

Educate your clients about financing While many homebuyers can benefit from a 30-year, fixed-rate conventional mortgage , other borrowers might need access to other loan programs with more lenient guidelines. All of these action items are things that professional, experienced real estate agents should practice already.

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A Comprehensive Guide to Finding Reliable Cash Home Buyers in St. Louis

HomeLight

Louis, sellers can avoid many of the traditional market hurdles, such as lengthy mortgage approvals and bank appraisals. Work with a reputable local real estate agent Even if you’re leaning towards a cash sale, partnering with a knowledgeable local real estate agent can simplify the process.

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Cash offer startup Accept.inc raises 90M in debt and equity

Housing Wire

Mortgage startup Accept.inc announced Thursday it raised $90 million in debt and equity. 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.

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Buyers Paying Over Asking Price? Get an Appraisal Gap Guarantee

HomeLight

To better understand what happens when homes appraise below the purchase price, we talked to top real estate agent Ethan Goodrich of Compass Realty in Boston, Massachusetts. It’s likely that you will sell your home to a buyer who will finance the purchase with a mortgage. Source: (Valmedia / Shutterstock).

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How Long Does It Take to Get Preapproved for a Mortgage? Here’s Your Ballpark Guide!

HomeLight

The time has come to apply for a mortgage and shop for a new house. If this is your first time going through the process — or even if it’s been awhile — the first question on your mind is probably “How long will it take to get preapproved for a mortgage?” followed closely by “What do I need to do to apply for a mortgage?”.

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Buying Your House With Cold, Hard Cash? Here’s Your Step-by-Step Guide

HomeLight

Buying a house with cash has plenty of benefits — for one thing, you’ll be mortgage-free, which means you won’t be beholden to a monthly mortgage payment (sounds pretty nice!). That’s because “a buyer purchasing a home with a mortgage loan could still lose their financing, even with a solid preapproval letter. Find your house.

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Shed the Limiting Beliefs that Hold You Back with Buyers!

Lab Coat Agents

No appraisal (provide a full appraisal floor with proof of funds). Look, if the seller is bent on a cash offer, then you are up the creek, but if you are able to refute their objections, then the kicker at the end is to offer enough over the cash that the seller is willing to take a chance on your mortgaging Buyer.