Remove Closing Remove Earnest money deposit Remove Industrial Remove Proof of funds
article thumbnail

11 Homeselling Myths, Debunked

The Close

The real estate industry constantly changes. So, let’s turn up the brightness and shed some light on the real estate industry. If it’s a cash buyer, ask to see the pre-approval letter or proof of funds—and even if they have the contact information for their lender or banker.

article thumbnail

Meet the Software Engineer Who Used Crypto to Buy His $650,000 Dream Home

Realtor.com

To afford the $650,000 home, Leonard opted to use his cryptocurrency investments to cover a down payment and as proof of funds for the mortgage he took out to buy the home — he opted for a mortgage, rather than buying the home outright, because of the low interest-rate environment. And I’m ready to pull the trigger right now.”.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Get Cash for Your Home: A Step-by-Step Guide

HomeLight

The bills are stacking up or perhaps you lost some income recently, and the money tied up in your home would help a ton at a time like this. turn four walls and a roof into money in the bank, without the need for inconvenient showings, nail-biting appraisals , or a 50-day closing. If only there were a way to — poof!

article thumbnail

131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

After all, great communication leads to closed deals. Furthermore, in today’s market, understanding our complex mortgage industry could actually help you close more deals and maybe even save clients money. As clients get ready for closing, they’ll hear a lot about the title. Closing costs. Assignment.