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

MLS 82

MLS Agents Sales Closing 82

HomeLight

NOVEMBER 21, 2022

However, Richter cautions FSBO sellers that private appraisals may differ from bank appraisals. “I With our current climate of changing interest rates, that same pre-approval from a month ago may not be valid today for the price of their home,” Richter adds. Require everything in writing. Look for a good real estate attorney.

Purchase and sale agreement 76

Purchase and sale agreement MLS Pre-approval Agents 76

HomeLight

APRIL 26, 2023

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. Graham says the next step is to ask for a pre-approval letter from a reputable mortgage company that you’re comfortable with.

MLS 68

MLS Agents Sales Proof of funds 68