Toronto Realty Blog

MARCH 28, 2024

Those who know me – at least, through TRB, are fully aware of my thoughts on pre-construction condos, the pre-construction condo industry, and the way that pre-construction condos are sold and eventually built. Your “Buying Pre-Construction Condos and CAKE! Time flies when you’re having fun, right?

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Pre-qualification Marketing Construction Development 74

Realty Biz

MARCH 30, 2023

To get the best rate for your situation, be sure to look closely at each type of mortgage. Documentation and the Pre-Approval Process Pre-approval is a must for anyone looking to purchase a home. Be sure to have all of your documentation in order and ready to go before starting the pre-approval process.

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Mortgages Pre-approval Pre-qualification Due diligence 102

Real Trends

JUNE 9, 2023

Most agents only need one or two transactions per month to make a good living and three to four per month to make close to or over a million dollars in gross commission income. You have tons of buyers who say they want to buy, and ask to see homes but haven’t gotten pre-approved yet. Nevertheless, 4 to 4.4

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Pre-qualification Pre-approval Agents Staging 69

Realty Biz

MARCH 17, 2021

Know what must happen in order to close, or you won’t make the sale. Explain the difference between pre-qualified and pre-approved. Too many people get a pre-qualification letter from their bank and think that this means they can close on the property. Help them get pre-approved for a mortgage.

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RIS Media

JANUARY 19, 2021

Before you start looking for your next home, you should get pre-approved for a mortgage. You don’t necessarily have to borrow money to buy a home from the same lender that pre-approved you. What is Pre-approval and Why is It Important? Pre-approval and pre-qualification are not the same thing.

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Pre-qualification Pre-approval Mortgages Finance 69

Housing Wire

MAY 25, 2022

In a housing market vastly different from the pre-pandemic period, how can industry professionals position themselves to achieve growth despite these current obstacles? When it comes to business growth this year and beyond, industry experts agree that 2022 is the year of the non-qualified mortgage (non-QM) loan. Why partner with Newrez?

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Debt-to-income ratio Lending Pre-qualification Loans 393

Realtor.com

AUGUST 13, 2020

Step 1: Getting mortgage pre-approval. Step 3: Closing the deal. Still other buyers might also be home sellers who first need to close on the sale of their old house before they can buy their next house. Step 1: Get pre-approved for a mortgage. Step 3: Prepare for closing day. Step 2: Finding the right home.

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Pre-approval Pre-qualification Due diligence Loans 143

Realty Biz

SEPTEMBER 23, 2023

They provide services such as guiding buyers through the home buying process, offering expertise in the local market, and assisting with negotiation and closing. When choosing a buyer's agent, consider factors like experience and qualifications. What is your strategy for negotiation and closing?

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Purchase and sale agreement Pre-approval Agents Pre-qualification 73

Realty Biz

JANUARY 30, 2023

When it comes to making an offer on a house, whether it’s for-sale-by-owner or a ready-to-move property, a personal letter can make all the difference. Include any qualifications you may have, such as being pre-approved or flexible on your closing date.

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Pre-qualification Pre-approval Closing As-is 93

RIS Media

SEPTEMBER 21, 2020

Approved for short sale : A term that indicates that a bank has approved a homeowner for a reduced listing price on a home, and said home is ready for resale. Closing : A meeting during which ownership of a home is transferred from seller to buyer, usually attended by the buyer, the seller, both real estate agents and the lender.

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Pre-approval Pre-qualification Title search Inspection 90

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.

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Earnest money deposit Pre-qualification Pre-approval Inspection 105

HomeLight

FEBRUARY 12, 2021

As a seller, you’re usually not taking on additional risk by accepting an offer from a buyer pre-approved for an FHA loan than you would with a buyer pre-approved for a conventional loan. Sellers must complete major repairs before closing. Defective paint surfaces in homes constructed pre-1978. A leaking or worn out roof.

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FHA loan Loans Pre-approval Pre-qualification 109

HomeLight

MAY 2, 2022

This week on The Walkthrough , Barrett Spray introduces you to his team’s “pre-listing box” and their tag-team approach to meeting new sellers. Lots of agents have a pre-listing package, and it’s a file or a folder of some sort that says, you know, this is who we are and this is what we do. Very little.

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Pre-qualification Agents As-is Marketing 98

HomeLight

SEPTEMBER 15, 2022

Once you’ve made the decision to sell your house, you likely have two main goals: to complete the sale as quickly as possible and to hit that magic number when it comes to price. Greater competition among buyers, which can lead to a sale price higher than market value. Step 4: Determine the qualification process for bidders.

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Pre-qualification Pre-approval Investor Agents 90

Ryan Serhant

APRIL 15, 2022

Meet the pre-qualifications. Meet the pre-qualifications. In Texas, you need to meet some pre-qualifications before you can start your real estate licensure journey. You’re also required to take pre-licensing coursework to help you prepare for the state licensing exam. . File your license application.

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Pre-qualification Pre-approval Brokerage Agents 52

Real Trends

AUGUST 18, 2023

A great Listing pre-qualification script pulls out critical facts so you can be best prepared to not just take the listing, but to price it right in the first place! Secret #2 Sometimes, especially in a low-inventory market, your potential seller client may know about comparable sales you didn’t capture.

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Pre-qualification New Construction MLS Construction 88

HomeLight

JUNE 28, 2021

Due to the nature of how a home becomes a “HUD home,” purchasing one differs from the traditional homebuying process, and there are a few qualifications, special incentives, and risks that any savvy homebuyer should be aware of. Buying a HUD home isn’t like traditional home sales. Get pre-qualified with a mortgage lender.

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Pre-approval Pre-qualification FHA loan Inspection 97

Ryan Serhant

MARCH 16, 2022

Meet the pre-qualifications. Complete 40 hours of approved VT pre-licensing education. Meet the pre-qualifications. . Meet the pre-qualifications. . You must meet a few pre-qualifications from the Vermont Real Estate Commission (VREC) before you can start working on your license education.

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Pre-qualification Pre-approval Brokerage Land 52

Real Trends

OCTOBER 31, 2022

In a hot seller’s market, you could use the highest, most recent comparable sale, add a little (sometimes a lot), and still sell the home with multiple offers. Generally, a home that is priced correctly will sell very close to the list price. A home (or anything for sale) is ultimately worth what the market is willing to pay for it.

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Pre-qualification Sales Agents MLS 52

GeekEstate

JUNE 18, 2023

Collaborate closely with the leadership team to establish and maintain a consistent and compelling brand vision, while aligning marketing efforts with the company’s overall strategic goals. Partner closely with the channel sales organization to ensure support for effective lead generation and conversion opportunities.

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Technology Marketing Pre-qualification Branding 68

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 52

Earnest money deposit Pre-qualification Pre-approval Inspection 52

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.

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Earnest money deposit Pre-qualification Pre-approval Inspection 52

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.

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Pre-qualification Proof of funds Earnest money deposit Inspection 52

HomeLight

AUGUST 16, 2021

REOs for short, these kinds of sales expose buyers to a lot of potential risk. But they also provide a lot of opportunity for big return on investment, too — much bigger, and faster, than you might expect with many traditional sales. What is an REO sale? In the market for a “ real estate owned” property ? Source: (Andre W.

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Banks Pre-qualification Investor Short sale 104

HomeLight

JULY 30, 2021

Most agreements stipulate that the buyer will rent the house for anywhere between one and three years before purchasing it, and the sales price is usually set at the time of the agreement. Additionally, a certain amount of the monthly rent is also typically stipulated to help cover the buyer’s closing costs or down payment.

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Purchase and sale agreement Debt-to-income ratio Pre-qualification Inspection 98

HomeLight

JUNE 28, 2021

While Roberts says the net purchase price is often the primary factor when selecting an offer, sellers should evaluate the overall strength of the offer, along with the buyer’s commitment to completing the sale. With a loan pre-approval, an underwriter has reviewed the buyer’s income and asset documentation.

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Earnest money deposit Purchase and sale agreement Pre-approval Pre-qualification 72

Ryan Serhant

FEBRUARY 21, 2022

1 real estate agent in New York City closing over $1 billion in real estate per year and starring on Bravo’s “ Million Dollar Listing New York” You’re here because you want to know how to get your real estate license in Alaska. Complete your state-approved pre-license course. I wasn’t always the No.

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Pre-qualification Pre-approval Brokerage Agents 52

The Residential Specialist

APRIL 27, 2023

In our market, the number of closed transactions has decreased dramatically,” says Paul Rich, CRS, broker/owner of Achieve Real Estate and Management in Hendersen, Nevada. She finds this establishes trust faster than pre-qualification and gives her an opportunity to see more listings.

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Agents Pre-qualification Principal MLS 90

Redfin

APRIL 7, 2023

Get pre-approved for a mortgage Before you start looking at Dallas homes for sale , the most important thing you can do as a first-time buyer is to get pre-approved with a local lender. Presenting an offer with a pre-approval makes the offer much more compelling for a seller to consider and improves the odds of success.

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Pre-approval Agents Pre-qualification Mortgages 62

Windemere Buying

OCTOBER 18, 2021

By working closely with your agent , you can identify these pitfalls ahead of time and adjust accordingly. Not getting pre-approved Getting pre-approved is a key component of the early stages of the buying process and will help to maximize your chances of getting your offer accepted. 10 Mistakes to Avoid When Buying a Home 1.

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Pre-approval Pre-qualification Debt-to-income ratio Inspection 52

Housing Wire

DECEMBER 28, 2023

It was another brutal year, pushing loan originators to work longer hours, close loans faster while diversifying their mortgage product offerings. In October, 67% of current LOs produced less than one unit of closed loans in October. An additional 21% closed 1.5 units per month and only 12% closed greater than 2.5

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Loans FHA loan Mortgages Loan Officer 424

Ryan Serhant

FEBRUARY 18, 2022

Ensure that you meet the pre-qualifications. Complete your pre-licensing education course. Pass your pre-licensing final exam. Make sure you meet the pre-qualifications. Complete your pre-licensing coursework. Start on your path to real estate sales success today!

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Pre-qualification Pre-approval Brokerage Agents 52

Dwell Real Estate

MARCH 4, 2021

You’ll likely face competition from at least one other buyer (if not more), and it will be up to the seller to decide who can best close the deal. Although historically low interest rates have sparked buying activity recently, some neighborhoods are always sought-after and attract multiple offers whenever a home comes up for sale.

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Pre-approval Pre-qualification Due diligence Closing 40

Dwell Real Estate

MARCH 4, 2021

You’ll likely face competition from at least one other buyer (if not more), and it will be up to the seller to decide who can best close the deal. Although historically low interest rates have sparked buying activity recently, some neighborhoods are always sought-after and attract multiple offers whenever a home comes up for sale.

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Pre-approval Pre-qualification Due diligence Closing 40

HomeLight

AUGUST 31, 2021

Ever since the 2008-2009 recession, cash offers have become more prevalent, accounting for 33% of sales as of 2021 — that’s up from 20% in 2019. submit your purchase offer with a pre-qualification or preapproval letter from a lender, these funds aren’t a sure thing until the loan is fully approved. Updated August 31, 2021.

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Due diligence Inspection Pre-approval Pre-qualification 80

Redfin

JULY 30, 2021

Before you list your home for sale, you should know all your options. Learn how selling to an iBuyer differs from the traditional home sale process and when you should consider selling your home for a direct cash offer. iBuyers offer quick and flexible closing dates since they purchase your home with an all-cash offer.

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Redfin

MAY 24, 2022

Or, maybe you’re listing your home for sale in Anchorage, AK , you most likely want top dollar for your property. Get pre-approved: It’s also a good idea to get pre-approved on a home loan before you start. How many transactions do you close in an average year? You don’t need to work with a sales dynamo.

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Agents Pre-qualification Purchase and sale agreement Pre-approval 73