Housing Wire

JUNE 24, 2021

Mortgage startup Accept.inc announced Thursday it raised $90 million in debt and equity. Led by venture capitalist firm Signal Fire as well as existing seed investors Y Combinator and DN Capital , Accept.inc said it plans to use the funding to scale its platform, double its team size and enter new markets.

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Equity Proof of funds Pre-approval Investor 397

Redfin

SEPTEMBER 3, 2022

Plus, you will need them to see how much house you can afford and then seek pre-approval for a mortgage. Bank statements: To secure a mortgage, your lender will want a snapshot of all funds coming and going from your bank account for the past 30-60 days. Here’s a list of documents you will need: .

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Pre-approval Mortgage pre-approval letter Closing costs Proof of funds 66

HomeLight

SEPTEMBER 16, 2021

You should also request proof of funds to confirm that the buyer actually has the available cash to complete the purchase. This verification can come in the form of a certified bank letter with the official letterhead and should have the signature of the authorized bank personnel. Compare your offer to an agent’s CMA.

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Title Inspection Proof of funds Investor 98

HomeLight

MARCH 13, 2023

Airbnb owners get tired of paying management fees and dealing with customer complaints and negative ratings, but they have too little equity to sell the traditional way. More certainty: With a pre-offer walk-through, a cash home buyer can generally provide a firm cash offer that comes with few contingencies, or no contingencies at all.

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Sales Investor Due diligence Renovation 76

The Close

DECEMBER 29, 2022

It generally results in a higher interest rate or additional points, but it’s a way for homeowners to leverage their equity in a property. If your clients are concerned about getting approved for a loan, you can remind them that a co-borrower agrees to back the borrower in a mortgage loan. Generally, this refers to earnest money funds.

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Purchase and sale agreement Title Proof of funds Pre-approval 98

HomeLight

NOVEMBER 21, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot South Carolina real estate market and a steep rise in equity added extra incentive to maximize profits.

Purchase and sale agreement 74

Purchase and sale agreement MLS Pre-approval Agents 74

HomeLight

MARCH 16, 2023

There are just not enough buyers who have a good credit rating and can get bank underwriting,” he says. You’ll get speed and convenience in exchange for some of the property’s equity,” says Naumann. In the past two years, they could easily sell homes above market price, particularly to out-of-state buyers.

Sales 63

Sales Purchase and sale agreement Earnest money deposit Investor 63