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How to Avoid a Delayed Closing: 7 Common Roadblocks to Be Aware of

Redfin

It’s recommended to get pre-approved before house hunting to give yourself a realistic idea of how much home you can afford ; however, a mortgage pre-approval doesn’t guarantee that your loan application will be approved. Most title companies and attorneys don’t accept personal checks over $500, sometimes less.

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How to Sell a House by Owner in South Carolina: A FSBO Guide

HomeLight

Not having agent representation could also lead to paying more in seller concessions. However, Richter cautions FSBO sellers that private appraisals may differ from bank appraisals. “I Buyers may get pre-approved for a mortgage at the click of a button on a website, but might not have submitted the documentation.