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. This is standard industry practice among agents.

MLS 83

MLS Agents Sales Closing 83

HomeLight

MAY 25, 2023

Richter cautions FSBO sellers that private appraisals may differ from bank appraisals. “I This is standard industry practice among agents. 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 says. See the next step!)

MLS 85

MLS Pre-approval Agents Sales 85

HomeLight

NOVEMBER 21, 2022

This is standard industry practice among agents. In addition, Johnson explains, “You need to know that the loan is good, or they have the cash in the bank if they’re paying cash.”. Should you be present for showings? With unrepresented buyers, plan to be on the property for the showing. Require everything in writing.

MLS 86

MLS Agents Sales Land 86

HomeLight

NOVEMBER 21, 2022

However, Richter cautions FSBO sellers that private appraisals may differ from bank appraisals. “I This is standard industry practice among agents. Buyers may get pre-approved for a mortgage at the click of a button on a website, but might not have submitted the documentation. Should you be present for showings?

Purchase and sale agreement 77

Purchase and sale agreement MLS Pre-approval Agents 77

HomeLight

APRIL 26, 2023

This is standard industry practice among agents. 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. Should you be present for showings? With unrepresented buyers, plan to be on the property for the showing. “The

MLS 69

MLS Agents Sales Proof of funds 69

HomeLight

OCTOBER 14, 2022

It’s not from a bank, it’s not an independent assessment of what the value is.”. This is standard industry practice among agents. Here are key considerations when considering an offer on your Illinois home: Vet potential buyers by requiring a mortgage pre-approval letter or proof of funds.

MLS 74

MLS Agents Sales Mortgage pre-approval letter 74