Realty Biz

SEPTEMBER 4, 2023

Either way, you get to use owner-occupied financing, which means a down payment as low as 3%. You’ll still probably need a little help beyond that $1,000 in your bank account, but your mortgage lender will allow gifts from family members or friends to help you. To cover closing costs, negotiate a seller concession.

Earnest money deposit 85

Earnest money deposit Seller concession Investor Hard money loan 85

Realty Biz

MAY 24, 2021

Either way, you get to use owner-occupied financing, which means a down payment as low as 3%. You’ll still probably need a little help beyond that $1,000 in your bank account, but your mortgage lender will allow gifts from family members or friends to help you. To cover closing costs, negotiate a seller concession.

Earnest money deposit 126

Earnest money deposit Seller concession Investor Hard money loan 126

Redfin

MARCH 3, 2022

Although a delay in closing isn’t always the case, it’s best for both buyers and sellers to be aware of the common reasons for delayed closings. Financing issues. Unless you’re submitting an all-cash offer, you’ll need to obtain financing to purchase your home. Clouds on the title. How to remedy the situation.

Closing 63

Closing Title search Purchase and sale agreement Title 63

HomeLight

NOVEMBER 30, 2022

Overseeing the next steps once an offer is accepted — helping with financing approval, keeping track of timelines, explaining the inspection report. See related story: Can a Realtor Represent Both the Seller and Buyer? The buying process isn’t always as easy as finding the perfect home, securing financing, and signing the papers.

Agents 107

Agents Purchase and sale agreement Technology Seller concession 107

HomeLight

NOVEMBER 23, 2022

Not having agent representation could also lead to paying more in seller concessions. However, cautions Raymond, “It’s a good start, but you also have to remember that the bank (financing a buyer’s loan) is going to do their own appraisal. Marketing your home is time-consuming. Make sense of the research.

MLS 77

MLS Agents Sales Closing 77

HomeLight

APRIL 26, 2023

Not having agent representation could also lead to paying more in seller concessions. The first due diligence you want to do is make sure they have proof of funds ,” Graham recommends. You’ll still have selling costs, which may include transfer taxes and settlement fees. Overpricing or underpricing.

MLS 65

MLS Agents Sales Proof of funds 65