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. An agent can help you consider what levers you can pull that might be enticing to a seller, like: Offering flexible rent-back options to give the seller more time to move out. Brace for a Fast Pace.

Inspection contingency 267

Inspection contingency Pre-approval Inspection Rent back 267

Redfin

JULY 28, 2020

markets waived the inspection contingency, compared with just 13.2% Winning offers waived the appraisal contingency at a similar rate—20.6%—up The inspection contingency allows the buyer to cancel a purchase or request repairs if they find an issue during the inspection period. In June, 19.9% up from 17.4%

Inspection contingency 59

Inspection contingency Inspection Purchase and sale agreement Pre-approval 59

The Close

FEBRUARY 6, 2024

Ensure Your Client Has Loan Pre-approval Many sellers are anxious to get to the closing table quickly, which drives many to cash buyers , even for a lower price. Also, understand the difference between a prequalifying and a pre-approval letter. They thought I was a genius—which, of course, I am.

Pre-approval 75

Pre-approval Earnest money deposit Inspection Inspection contingency 75

Redfin

FEBRUARY 2, 2021

1) Get Pre-Approved for a Home Loan. If you’re a first-time homebuyer , one of the smartest things you can do to ensure your chances of buying the home you want is to apply for a pre-approval on a mortgage. What is a Seller’s Market? Also, home sellers will have the upper hand when it comes time to negotiate.

Pre-approval 66

Pre-approval Purchase and sale agreement Marketing Inspection contingency 66

HomeLight

APRIL 29, 2021

And don’t forget clutter in your front and back yards: 62% of agents surveyed by HomeLight said clearing exterior clutter is critical , particularly for listing photos and virtual tours. Your buyer’s loan approval is often the closing step that takes the longest. As it turns out, selling can be tough — overwhelming, even.

Purchase and sale agreement 92

Purchase and sale agreement Pre-approval Inspection Inspection contingency 92

Redfin

JULY 30, 2020

In New York City, some sellers aren’t even allowing buyers into their homes until they’ve been pre-approved for a mortgage, according to local Redfin agent Martin Freiman. . 45% of surveyed homebuyers said they made a bid on a home without first seeing it in person, up from 28% in 2019. Where in the building is the unit?

Inspection contingency 74

Inspection contingency Purchase and sale agreement Pre-approval Inspection 74

HomeLight

AUGUST 31, 2021

The most obvious contingency with an offer that requires financing is, of course, the financing itself. submit your purchase offer with a pre-qualification or preapproval letter from a lender, these funds aren’t a sure thing until the loan is fully approved. Updated August 31, 2021. Though you can (and should!)

Due diligence 77

Due diligence Inspection Pre-approval Pre-qualification 77