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Is a Mortgage Pre-Approval Letter Necessary to Make an Offer on a House?

Realtor.com

“While you do not ‘need’ a pre-approval letter from your lender in order for your offer to be accepted, I highly recommend all of my buyers present it,” says Denise Shur , a Realtor® with 1:1 Realty in San Jose, CA. ” What is mortgage pre-approval?

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What’s Required to Sell a House Without a Realtor?

HomeLight

Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. Many FSBO sellers will purchase a pre-listing appraisal. A professional appraisal will help determine the listing price based on fair market value.

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What Is the Difference Between Escrow and Escrow Accounts?

Point2Homes

The second type is normally referred to as an escrow account and is associated with your mortgage. This is paid in good faith to show that the buyer is serious about the transaction and has the funds to proceed, obligating the seller to take the house off the market. One word that tends to crop up throughout the process is escrow.

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How to Sell a House By Owner in North Carolina

HomeLight

We’ll also provide a comprehensive overview of the full process to prep, market, and close on your home without the assistance of a real estate agent. If you don’t have the time or expertise to list your home FSBO, partner with a trusted, top agent in your North Carolina market. Unsure about selling FSBO in North Carolina?

MLS 84
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How to Sell a House By Owner in Iowa: A Hawkeye State FSBO Guide

HomeLight

In recent years, the hot Iowa real estate market and a steep rise in equity added extra incentive to maximize profits. As the market shifts, you may have new concerns about how much you can get for your home and the amount of your net proceeds. While the method can work for Iowans, it does come with some risks.

MLS 98
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How to Sell a House By Owner in Ohio: A Buckeye State FSBO Guide

HomeLight

In recent years, the hot Ohio real estate market and a steep rise in equity added extra incentive to maximize profits. As the market shifts, you may have new concerns about how much you can get for your home and the amount of your net proceeds. While the method can work for Ohioans, it does come with some risks. Get Estimate.

MLS 92
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How to Sell a House By Owner in Chicago: A Windy City FSBO Guide

HomeLight

In recent years, the hot Chicago real estate market and a steep rise in equity added extra incentive to maximize profits. As the market shifts, you may have new concerns about how much you can get for your home and the amount of your net proceeds. While the method can work for Chicagoans, it does come with some risks. Get Estimate.