CT Homes

MAY 29, 2020

A seller’s goal should be to find the highest offer with the strongest probability of closing. A strong cash buyer should be offering to purchase the property “as-is” in its current condition with no expectations of the seller doing any work to the property before close of escrow. Access to Capital. Proven track record.

Proof of funds 101

Proof of funds Earnest money deposit Due diligence Investor 101

CT Homes

OCTOBER 30, 2020

Not only can you control the transaction but you can save money on commission, putting more money in your pocket. Knowing how to navigate these hurdles allows you to not only find the right buyer, but move the transaction smoothly to closing. The longer a buyer has been investing the more likely they are to close!

Earnest money deposit 78

Earnest money deposit Inspection Proof of funds Due diligence 78

Realtor.com

APRIL 30, 2021

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. But then his ideal home came on the market.

Earnest money deposit 76

Earnest money deposit Proof of funds VA loan Loans 76

The Close

FEBRUARY 14, 2024

So, let’s turn up the brightness and shed some light on the real estate industry. Setting the Right Expectations Myth #1: Going With the First Buyer Is Rarely the Best Choice After navigating hundreds of real estate deals, I can confidently say that your first offer is nearly always the best. This is one of the top blunders your sellers could make.

Pre-approval 98

Pre-approval Earnest money deposit MLS Renovation 98

Dwell Real Estate

JANUARY 30, 2020

January - April are the busiest months of the year for a Realtor and their schedules tend to fill fast between showings, inspections, closings and assisting other clients. When an offer is submitted, seller's prefer to see proof of funds and/or a pre-qualification letter to be sure they are dealing with a qualified buyer.

Pre-qualification 52

Pre-qualification Proof of funds Earnest money deposit Inspection 52

HomeLight

MAY 24, 2022

If you only pay cash for the down payment, and take out a mortgage for the remainder of the purchase price, it keeps more money in your pocket. Sellers tend to prefer all-cash offers because those deals close more quickly. He estimates that on a $200,000 house, you could save between $5,000 and $6,000 in closing costs.

Purchase and sale agreement 108

Purchase and sale agreement Closing Title search Title 108

HomeLight

SEPTEMBER 30, 2020

HUD will also take care of some of the closing costs, up to 3% of the home’s purchase price. The HUD Home bid package includes a sales contract , an addendum regarding lead-based paints, an earnest money deposit of 5% through cash, cashier’s check, money order, or letter of credit, and a forfeiture of earnest money deposits document.

Earnest money deposit 85

Earnest money deposit FHA loan Pre-approval Finance 85