Realty Biz

MARCH 30, 2023

Documentation and the Pre-Approval Process Pre-approval is a must for anyone looking to purchase a home. Be sure to have all of your documentation in order and ready to go before starting the pre-approval process. This includes bank statements, tax returns, pay stubs, credit report information, etc.

Mortgages 102

Mortgages Pre-approval Pre-qualification Due diligence 102

HomeLight

AUGUST 31, 2021

From the seller’s point of view, it doesn’t make much difference whether the cash comes from the buyer’s personal bank account or from 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.

Due diligence 77

Due diligence Inspection Pre-approval Pre-qualification 77

HomeLight

AUGUST 16, 2021

These are properties that have been foreclosed , and the ownership has fully transferred to the bank or lender. There are online tips and tools available to help you find bank-owned homes. Go to your county’s office and ask for the pre-foreclosure list ,” he says. Source: (Andre W. Nguyen / Unsplash). What is an REO sale?

Banks 104

Banks Pre-qualification Investor Short sale 104

HomeLight

JUNE 28, 2021

Due to the nature of how a home becomes a “HUD home,” purchasing one differs from the traditional homebuying process, and there are a few qualifications, special incentives, and risks that any savvy homebuyer should be aware of. Buyers should arrange financing with a bank or mortgage lender ahead of time. No problem!

Pre-approval 95

Pre-approval Pre-qualification FHA loan Inspection 95

HomeLight

AUGUST 31, 2020

And what that pre-qualification entails is asking a series of detailed questions to not only gather as much data and information as I can as far as the who, what, where, and why, you know, somebody’s motivation, what they’re looking to accomplish, timeframes, things of that nature. So it’s a combination of two things.

Pre-qualification 95

Pre-qualification Agents Due diligence As-is 95

HomeLight

MAY 17, 2021

In this week’s episode of The Walkthrough, agent and coach Aaron Novello shares how pre-qualifying sellers has helped his team win 80% of its listing appointments. And then we do send, you know, a pre-listing package prior to connecting. That means you need to bring your “A” game if you want to get those listings.

Pre-qualification 60

Pre-qualification Agents As-is Due diligence 60

HomeLight

APRIL 30, 2022

Auction.com calls itself the nation’s largest online auction marketplace for foreclosure and bank-owned properties. Mortgage websites and apps can help strengthen a buyer’s offer by preapproving them for a mortgage, as opposed to a pre-qualification. Auction.com. Buyers bid and purchase properties in live events and online.

Closing 87

Closing MLS Pre-qualification Due diligence 87