Remove As-is Remove Mortgage pre-approval letter Remove Title
article thumbnail

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

HomeLight

Many FSBO sellers will purchase a pre-listing appraisal. The buyer’s lender will probably require their own appraisal as part of their loan approval process. Mortgage statement with payoff amount. Preliminary title report. The title company or closing agent will generate this document , which calculates your net proceeds.

article thumbnail

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. Additionally, the buyer will typically be required to deposit a mortgage pre-approval letter as proof that they qualify for an adequate mortgage. One word that tends to crop up throughout the process is escrow.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Sell a House By Owner in Washington State: A FSBO Guide

HomeLight

When the time comes to move, some tenacious homeowners in Washington State are eager to take over the reins of their home sale and figure out how to sell a house by owner. In recent years, the hot Washington State real estate market and a steep rise in equity added extra incentive to maximize profits.

MLS 105
article thumbnail

How to Sell a House By Owner in Louisiana: A Pelican State FSBO Guide

HomeLight

When the time comes to move, some tenacious homeowners in Louisiana are eager to take over the reins of their home sale and figure out how to sell a house by owner. In recent years, the hot Louisiana real estate market and a steep rise in equity added extra incentive to maximize profits. That 6% is deducted from the seller’s proceeds at closing.

MLS 105
article thumbnail

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

HomeLight

When the time comes to move, some tenacious homeowners in Iowa are eager to take over the reins of their home sale and figure out how to sell a house by owner. In recent years, the hot Iowa real estate market and a steep rise in equity added extra incentive to maximize profits. While the method can work for Iowans, it does come with some risks.

article thumbnail

How to Sell a House by Owner in South Carolina: A FSBO Guide

HomeLight

When the time comes to move, some tenacious homeowners in South Carolina are eager to take over the reins of their home sale and figure out how to sell a house by owner. In recent years, the hot South Carolina real estate market and a steep rise in equity added extra incentive to maximize profits.

article thumbnail

How to Sell a House By Owner in Mississippi

HomeLight

Or — in the event you’d prefer to work with a real estate agent — HomeLight would be happy to introduce you to highly-rated professionals in your Mississippi market who can help you command top dollar and provide a low-stress selling experience. How does selling by owner (FSBO) work in Mississippi? All house sales require marketing.

MLS 102