HomeLight

MARCH 6, 2023

The Bay Area is also close to beaches, national parks, and the wineries of Napa Valley. Consider factors such as how long you plan to be in the area, if you have steady employment, and if you have enough money saved for not just the down payment, but for closing costs , maintenance, property taxes, and more.

Earnest money deposit

Redfin

AUGUST 29, 2024

However, there are a lot of things to learn about how to buy a house, like current mortgage rates, your credit score, home inspections, and closing costs. Additionally, it’s important to account for other upfront costs such as the down payment, closing costs, and potential home maintenance or repair expenses.

Earnest money deposit

CT Homes

AUGUST 31, 2020

Even when you have a signed contract you still need the inspection, appraisal, insurance and closing to go off without a hitch. There is a huge difference between a pre-qualification and a pre-approval. In most cases, the seller will opt to fix any minor updates either before the transaction or issue a credit at closing.

Earnest money deposit

CT Homes

AUGUST 31, 2020

Even when you have a signed contract you still need the inspection, appraisal, insurance and closing to go off without a hitch. There is a huge difference between a pre-qualification and a pre-approval. In most cases, the seller will opt to fix any minor updates either before the transaction or issue a credit at closing.

Earnest money deposit

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

HomeLight

DECEMBER 14, 2021

Be sure and ask any agent that you’re interviewing about these qualifications. They’ll not only help you sell for more or save money where it counts, but negotiate for other non-financial concessions that you might need. .” How many sales did they close in the last few months? Do they have sales or listings pending?

Earnest money deposit

HomeLight

DECEMBER 14, 2021

Be sure and ask any agent that you’re interviewing about their qualifications. How many sales did they close in the last few months? Pre-listing or when looking at houses, and when evaluating offers.In It could be the close date, repairs, or a rent back period. Do they have sales or listings pending? It’s a huge red flag.

Earnest money deposit

The Close

JULY 25, 2024

Real estate offer letter templates vary, but make sure to include the following elements: Introduce yourself professionally Provide details of the offer Explain the contingencies Flex the financials Close the deal Put a signature on it 1. Optional: earnest money calculation explanation.] Optional: provide reasoning.]

Earnest money deposit

HomeLight

JULY 31, 2020

Closing on a house seems pretty straightforward. Once the buyer and seller sign the contract, the closing process begins — and therein lies the rub. While seamless closings are ideal for everyone involved, they almost never happen unless the buyer is paying cash on the home, and even then there can be a roadblock or two.

Closing

HomeLight

JUNE 28, 2021

If most buyers in your market are depositing $5,000 as earnest money , a $10,000 deposit indicates a strong desire for the home. Non-refundable earnest money: Roberts says making a portion of the earnest money deposit non-refundable makes it harder for the buyer to walk away if their offer is accepted.

Earnest money deposit

Real Trends

APRIL 27, 2023

Don’t screw up earnest money deposits, contingency releases, or inspection dates just because you’re behind. You’ll have no leads to follow up on, no presentations, no deals to negotiate, and no closings. Remember that people scan through DocuSign without really realizing what they’re signing.

Earnest money deposit

The Close

DECEMBER 29, 2022

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. This is when the seller signs over all rights and obligations related to a property to the buyer before the actual closing.

Purchase and sale agreement