CT Homes

MAY 29, 2020

A seller’s goal should be to find the highest offer with the strongest probability of closing. A strong cash buyer should be offering to purchase the property “as-is” in its current condition with no expectations of the seller doing any work to the property before close of escrow. Access to Capital. Proven track record.

Proof of funds 101

Proof of funds Earnest money deposit Due diligence Investor 101

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. Earnest Money Deposit.

Earnest money deposit 78

Earnest money deposit Inspection Proof of funds Due diligence 78

Realtor.com

APRIL 30, 2021

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.”.

Earnest money deposit 76

Earnest money deposit Proof of funds VA loan Loans 76

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

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. Trevor James, writer and coach , The Close “On my very first deal, I took my clients to see a cute loft-style condo.

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 106

Purchase and sale agreement Closing Title search Title 106

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 81

Earnest money deposit FHA loan Pre-approval Finance 81