Bankruptcy Due diligence Earnest money deposit Pre-approval 
HomeLight
OCTOBER 29, 2020
Unless you’re paying cash for a house, your best course of action is to include a pre-approval letter from a mortgage lender with your offer. That being said, pre-approvals aren’t yet a guarantee of funds and they usually carry an expiration date. Short sale or bank approval contingencies.
HomeLight
MARCH 16, 2023
Investors offer alternatives to foreclosure and bankruptcy About 60% of sellers who contact Ramcharitar are behind on their mortgage payments. While some homeowners opt for foreclosure in a distressed situation, others decide to declare bankruptcy. The buyer does due diligence during the option period in Texas.
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