CT Homes

OCTOBER 30, 2020

Knowing how to navigate these hurdles allows you to not only find the right buyer, but move the transaction smoothly to closing. As obvious as it sounds, the goal is to find the right buyer and not get caught up with a buyer that can not close on time or honor the terms of the agreement. Inspections. Find a Buyer.

Earnest money deposit 78

Earnest money deposit Inspection Proof of funds Due diligence 78

Dwell Real Estate

JANUARY 30, 2020

January - April are the busiest months of the year for a Realtor and their schedules tend to fill fast between showings, inspections, closings and assisting other clients. When an offer is submitted, seller's prefer to see proof of funds and/or a pre-qualification letter to be sure they are dealing with a qualified buyer.

Pre-qualification 52

Pre-qualification Proof of funds Earnest money deposit Inspection 52

The Close

FEBRUARY 14, 2024

Plus, consider the fact that if an issue arises during the inspection, they can offer a credit to keep the deal moving forward. 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.

Pre-approval 98

Pre-approval Earnest money deposit MLS Renovation 98

HomeLight

MAY 24, 2022

Sellers tend to prefer all-cash offers because those deals close more quickly. Even though it’s all cash to the sellers at closing, with a cash offer, “you don’t have to go through the appraisal or the bank approval process — it’s cleaner.”. Paying cash saves you money, and you might need a place to live sooner rather than later.

Purchase and sale agreement 104

Purchase and sale agreement Closing Title search Title 104

HomeLight

SEPTEMBER 30, 2020

HUD will also take care of some of the closing costs, up to 3% of the home’s purchase price. The HUD Home bid package includes a sales contract , an addendum regarding lead-based paints, an earnest money deposit of 5% through cash, cashier’s check, money order, or letter of credit, and a forfeiture of earnest money deposits document.

Earnest money deposit 78

Earnest money deposit FHA loan Pre-approval Finance 78

HomeLight

JULY 31, 2021

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!

Earnest money deposit 98

Earnest money deposit Inspection Proof of funds Inspection contingency 98

HomeLight

APRIL 30, 2021

Anyone asking the seller to help them with closing costs. A cash offer simply means you have all the money you need to buy the home in cash. If you’re using cash, you’ll have to show proof of funds with your offer. How long does it take to close with cash? Buyers using financing and putting down 20% or more.

Due diligence 100

Due diligence Finance Proof of funds Earnest money deposit 100