HomeLight

NOVEMBER 23, 2022

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. So keep in mind that your own appraisal is not a guarantee of how much a buyer will pay, nor how much a bank will approve. This is standard industry practice among agents.

MLS 77

MLS Agents Sales Closing 77

HomeLight

APRIL 26, 2023

This is standard industry practice among agents. The first due diligence you want to do is make sure they have proof of funds ,” Graham recommends. A bank statement will help weed out people who are just looking around and don’t have the qualifications to purchase your house from legitimate buyers who can obtain financing.

MLS 65

MLS Agents Sales Proof of funds 65

HomeLight

OCTOBER 14, 2022

It’s not from a bank, it’s not an independent assessment of what the value is.”. This is standard industry practice among agents. Before signing anything, Alden says to prepare to do some research and practice due diligence. “You can get an appraisal, but know that you’ll sometimes get a biased result,” Alden explains.

MLS 70

MLS Agents Sales Mortgage pre-approval letter 70