Remove As-is Remove Inspection contingency Remove Loan contingency Remove Pre-approval
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Use These 8 Strategies to Get Yourself a Home in 2022’s Real Estate Market

HomeLight

If they have underwriting approval, versus just a preapproval, they’re a much stronger buyer than someone with just a preapproval letter. But there’s a catch: Because you don’t typically have to provide any documentation, nothing is verified, and this loan amount isn’t guaranteed. Peterson is right. Leslie Peterson. Real Estate Agent.

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What’s the Deal with Making a Cash Offer on a House?

HomeLight

A cash offer simply means that a buyer already has the funds available to buy the house and can pay for it without securing a mortgage loan. 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.