Banks Earnest money deposit Finance Pre-approval 
Dwell Real Estate
JULY 10, 2020
The earnest money deposit—the cash you as a buyer offer to essentially call dibs on real estate—is one of the most important (and often misunderstood) parts of the home-buying process. In the Sarasota area, home buyers will usually put down anywhere from 1 to 5 of the real estate purchase price as earnest money. (If
Dwell Real Estate
JULY 10, 2020
The earnest money deposit—the cash you as a buyer offer to essentially call dibs on real estate—is one of the most important (and often misunderstood) parts of the home-buying process. In the Sarasota area, home buyers will usually put down anywhere from 1% to 5% of the real estate purchase price as earnest money. (If
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
CT Homes
AUGUST 31, 2020
Financing Issues. There is a huge difference between a pre-qualification and a pre-approval. Most lenders or mortgage companies will issue a pre-qualification letter after reviewing the credit report and taking verbal information on income, assets and employment.
CT Homes
AUGUST 31, 2020
Financing Issues. There is a huge difference between a pre-qualification and a pre-approval. Most lenders or mortgage companies will issue a pre-qualification letter after reviewing the credit report and taking verbal information on income, assets and employment.
CT Homes
AUGUST 31, 2020
Financing Issues. There is a huge difference between a pre-qualification and a pre-approval. Most lenders or mortgage companies will issue a pre-qualification letter after reviewing the credit report and taking verbal information on income, assets and employment.
Windemere Buying
OCTOBER 4, 2021
Once the buyer has shown they have enough cash to make the purchase, they will put down an earnest money deposit. Whereas financed offers are tied to an approval process with a lender, all-cash offers are not because the buyer has already proven they have the amount required to purchase the property on-hand.
HomeLight
JANUARY 12, 2022
And in some scenarios, the seller won’t be required to attend in-person if they pre-sign the deed and other documents. Large, risk-averse lenders such as Chase Bank and Bank of America will require significantly more time before they issue a final ‘ clear to close ,’” he explained.
Expert insights. Personalized for you.
40 
Let's personalize your content