Remove Banks Remove Due diligence Remove Mortgage pre-approval letter Remove Residential
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How to Sell a House By Owner in West Virginia: A Mountain State FSBO Guide

HomeLight

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. It’s just an opinion backed by their facts.”

MLS 82
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How to Sell a House By Owner in Alabama

HomeLight

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. Require everything in writing. See the next step!)

MLS 68
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How to Sell a House By Owner in Illinois: A Prairie State FSBO Guide

HomeLight

Whether you hire a listing agent or not, the Illinois Residential Real Property Disclosure Act requires sellers to disclose known defects and problems with a property to prospective buyers. It’s not from a bank, it’s not an independent assessment of what the value is.”. What needs to be disclosed when selling a house in Illinois?

MLS 72