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

HomeLight

The associated contingencies , which come with additional risks for the seller, are where you’ll find most key distinctions between a cash offer and an offer backed by a mortgage loan. 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.

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I Want to Buy a House in 2021. How Much Should I Offer Over the Asking Price?

HomeLight

Our expert-backed guide is here to help. A step up from pre-qualification, preapproval often means the lender gives conditional approval, stating the size of the mortgage you’ve been preapproved for (though what constitutes a “preapproval” can vary from lender to lender). Your budget is $300,000. Perfect match, right?

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Sell Your House for Cash: For Some, the Convenience Can’t Be Beat

HomeLight

It wasn’t long ago that the decision to sell your house for cash was associated with a neglected or foreclosed property whose value had plummeted, as an investor swooped in to snatch it up for a bargain. A 2022 market survey conducted by HomeLight echoes that cash is here to stay. Sell Your House for Cash: Request an Offer Today. Request Offer.

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Find a Top-Performing, Trusted Realtor in 30 Minutes or Less

HomeLight

Be sure and ask any agent that you’re interviewing about these qualifications. You need to sell or buy a home — and to find a Realtor ® for that transaction, you have to sift through thousands of people who could make or break one of the most serious, important financial decisions in your life. Where do you begin? Find an Agent.

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How to Buy a House in San Diego: 14 Steps to Close the Sale

HomeLight

Closing costs in California average about 1% of the home’s sale price , and there are other pre-paid costs you might have as well. This Pacific Coast city combines the urban vibes of art and culture alongside fun physical activities like surfing or boating. Looking to Buy Your Dream Home in San Diego?

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Find a Top-Performing, Trusted Realtor in 30 Minutes or Less

HomeLight

Be sure and ask any agent that you’re interviewing about their qualifications. Whether you’re a first-time homebuyer or an empty nester who’s bought and sold several homes but wants to downsize, one thing’s for sure — you both need to find the best real estate agent to guide you to success. But, how do you find that agent or Realtor®?