Closing costs Inspection contingency Marketing Pre-approval 
Realty Biz
MARCH 13, 2024
This article explores the key factors home buyers need to know about the Maryland housing market this year. Getting Pre-Approved For A Mortgage In a seller’s market like Maryland, getting pre-approved for a mortgage loan should be one of the first steps for hopeful buyers. Zillow forecasts a 2.8%
The Close
FEBRUARY 6, 2024
Ensure Your Client Has Loan Pre-approval Many sellers are anxious to get to the closing table quickly, which drives many to cash buyers , even for a lower price. Also, understand the difference between a prequalifying and a pre-approval letter. That could be a pretty sizable chunk of money from the seller’s profit.
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Windemere Buying
JUNE 22, 2022
This deposit of funds lets the seller know you’re serious about closing on the home. In return, the seller agrees to take the home off the market. When the sale closes, the money goes toward the down payment or closing costs. The timeline for inspections during the closing process vary state to state.
Dwell Real Estate
JULY 10, 2020
An earnest money deposit tells a seller that the buyer is serious about closing. Without earnest money, buyers could theoretically make offers on multiple homes, essentially taking them off the market until the buyers decide which one they like best. But you have to be absolutely sure that you’ll be able to get approval from your bank.
Dwell Real Estate
JULY 10, 2020
An earnest money deposit tells a seller that the buyer is serious about closing. Without earnest money, buyers could theoretically make offers on multiple homes, essentially taking them off the market until the buyers decide which one they like best. Don't worry—the seller isn't going to run off to Aruba with your cash.
HomeLight
JANUARY 3, 2023
Higher interest rates have been cooling the housing market nationwide, and real estate in Colorado is no exception. Inventory is starting to rise along with the average number of days on market as of September 2022. Within three weeks of marketing on their own, 80% to 85% of FSBO people will contract with a real estate agent.
HomeLight
JULY 31, 2020
These are the top home closing delays that could affect if and when you close on your new home, and how to overcome them. Loan approval. Because the entire sale hinges on securing this loan, it is a top criteria for closing, and it’s also the most common reason for a delay in the closing process.
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