Marco Santarelli

APRIL 27, 2025

Lower Entry Costs: You save on loan origination fees, appraisal fees required by lenders, and other financing-related closing costs. It's crucial to think about these carefully: Opportunity Cost: This is perhaps the most significant financial consideration. immediate repairs, moving expenses, and your emergency fund.

Finance 52

Finance Loans Inspection Closing 52

Redfin

SEPTEMBER 3, 2022

Proof of funds (POF): A POF is a lender-issued document showing how much money a person has to cover the purchase costs. When purchasing a home, you may need a POF to show the seller that you can cover the closing costs, purchase price, and down payment. You may qualify for first-time homebuyer programs.

Pre-approval 66

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

HomeLight

MARCH 13, 2023

When you work with a reputable cash home buyer in Orlando, you’ll likely experience a smooth journey from offer to close. Home-buying companies generally pick up closing costs including title search and title insurance that usually range from 1.5% The buyer and seller sign the closing documents.

Sales 98

Sales Investor Due diligence Renovation 98

Marco Santarelli

AUGUST 16, 2024

A structurally unsound building can quickly become a money pit, negating any initial cost savings. Factor in all costs: The purchase price is just the tip of the iceberg. Consider closing costs, potential renovations, carrying costs like property taxes, insurance, and potential vacancies.

Due diligence 52

Due diligence Purchase and sale agreement Renovation Title search 52

HomeLight

DECEMBER 6, 2022

Next: Consult our guide on who pays closing costs when selling a house by owner for more details. Zillow is designed to work for the agent and not for the seller,” warns Murphy. Plus, when a seller isn’t working with an agent, the buyer’s agent may end up carrying more of the weight to get the deal to the finish line.

Purchase and sale agreement 103

Purchase and sale agreement MLS Pre-approval Agents 103

HomeLight

NOVEMBER 21, 2022

Next: Consult our guide on who pays closing costs when selling a house by owner for more details. In South Carolina, a real estate attorney is required to oversee the closing process. And then when that happens, I tend to see people lose money at the closing table,” explains Richter. Require everything in writing.

Purchase and sale agreement 102

Purchase and sale agreement MLS Pre-approval Agents 102

HomeLight

NOVEMBER 21, 2022

Next: Consult our guide on who pays closing costs when selling a house by owner for more details. Here are key considerations when considering an offer on your Louisiana home: Vet potential buyers by requiring a mortgage pre-approval letter or proof of funds. Require everything in writing. See the next step!).

MLS 105

MLS Agents Sales Land 105