Housing Wire

DECEMBER 8, 2023

You know what you do, but how do you explain it in such a way that a buyer understands your value, the required agency forms and everything involved to make it to the closing table? Have the best, most-detailed lender’s letter or proof of funds so your offer won’t be tabled because it’s too vague or boilerplate.

Proof of funds 405

Proof of funds Inspection contingency Inspection MLS 405

HomeLight

OCTOBER 30, 2020

Selling a house “as is” without inspection is the definition of driving a hard bargain. As for whether you can sell a house as is without inspection — the answer is yes, it’s possible and does happen. As for whether you can sell a house as is without inspection — the answer is yes, it’s possible and does happen.

Inspection 93

Inspection As-is Inspection contingency Investor 93

HomeLight

SEPTEMBER 9, 2020

Once you’ve figured out where the money is coming from, it will be easier to take the next step: getting proof that you have the cash. Obtain proof of funds from the bank. Providing a proof-of-funds letter is more secure than forking over a bank statement, which contains sensitive information. Get an inspection.

Inspection contingency 102

Inspection contingency Proof of funds Inspection Title 102

HomeLight

JUNE 29, 2021

Your sale is more likely to close and close faster with a cash offer than with an offer that hinges on a mortgage approval. This means that the buyer has the funds to purchase the home in full. Cash offers are more likely to close and close faster than those backed by a lender. Financing contingency.

Inspection contingency 57

Inspection contingency Proof of funds Inspection Pre-approval 57

HomeLight

JULY 31, 2020

The inspection contingency : As a cash buyer, an inspection contingency is optional. However, inspections are still highly encouraged and only cost around $315 on average.). The sales contingency : A sales contingency means your current house must sell before you close on this new house.

Purchase and sale agreement 97

Purchase and sale agreement Inspection contingency Proof of funds Finance 97

Point2Homes

SEPTEMBER 30, 2021

In one scenario, the buyer will offer to overpay for the house, then ask you to wire back the difference at closing. You can protect yourself from potential cash buyer scams by requesting ‘Proof of Funds’ documentation and asking for a non-refundable deposit that’s at least 5% of the selling price.

Pre-approval 98

Pre-approval Proof of funds Inspection contingency Due diligence 98

HomeLight

OCTOBER 20, 2022

Pre-inspection. Getting a pre-listing inspection can facilitate a quicker sale because it eliminates surprises – and gives the seller time to fix major flaws. Home inspection report. The buyer needs this in order to calculate the cost of taxes at closing. You can ask for proof of funds and a mortgage pre-approval letter.

Purchase and sale agreement 101

Purchase and sale agreement Pre-approval Inspection MLS 101