Housing Wire

OCTOBER 6, 2020

Today, while the mortgage industry has the technology to support this, we’re still in the early stages of determining how it should be used. Rocket Mortgage may offer its prospects an easy button, but a very low percentage its borrowers actually meet the qualifications to complete the process in a fully digital manner.

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Technology Mortgages Loan Officer Loans 440

HomeLight

SEPTEMBER 15, 2022

The National Association of Realtors agrees that auctions can accelerate a sale, in addition to offering these key benefits for sellers: Higher visibility among pre-qualified, prepared buyers who are ready to buy. No need for staging or juggling showings and open houses. Step 4: Determine the qualification process for bidders.

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Pre-qualification Pre-approval Investor Agents 83

Realty Biz

DECEMBER 10, 2020

As such, this qualification process will only give you a rough idea of the size of mortgage you can get. The FHA loans program requires that issues like these are resolved before the home can be closed. Preapproval can also cut down on the time it takes to close on the home. The Mortgage Pre-approval Process.

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Loans Mortgages Pre-approval Pre-qualification 144

Windemere Buying

JULY 8, 2022

Throughout the course of buying a home, you’ll work with a variety of professionals, all with specific training to help you through each stage of the process. What’s the difference between pre-qualification and pre-approval? They are an invaluable resource for local market knowledge and real estate expertise.

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Agents Pre-qualification Mortgages Pre-approval 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 67

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! ’ What is the seller’s time frame Ideally, when does the home need to sell and close by? Always prequalify, 100% of the time!

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Pre-qualification New Construction MLS Construction 88

HomeLight

AUGUST 20, 2021

What’s your pre-listing home improvement and staging budget? You can review each agent’s profile to view these performance stats, relevant qualifications, and recent home sales in your area. How do you handle prep work and staging? What’s your target home sale price? Source: (Jonas Leupe / Unsplash).

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Pre-qualification Staging Agents Sales 98

HomeLight

MARCH 17, 2021

The planning stage (1 to 3 years before purchase). The biggest amount of cash you’ll need at closing is the down payment. Be ready to pay closing costs, which could be up to 5% of the price of the house. Those funds are due on closing day. The shopping stage (1 to 6 months before purchase).

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Pre-approval Purchase and sale agreement Title Closing 98

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.

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

HomeLight

JANUARY 31, 2022

Tip 1: Get pre-approved for a mortgage first. The best way to know for certain what you can afford is to get pre-approved for a mortgage. Begin by knowing the difference between pre-approval and pre-qualification , and look at your loan options. Do they have a strong record of helping buyers close on houses?

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Pre-approval Pre-qualification MLS Agents 91

Real Trends

APRIL 27, 2023

You’ll have no leads to follow up on, no presentations, no deals to negotiate, and no closings. They are cleaning, packing, and staging their home. Whether you’re new, newer or experienced, using buyer and seller pre-qualification scripts will cure this issue! Proactive lead generation is your number one job.

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Earnest money deposit Pre-qualification Agents Inspection 88

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.

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Purchase and sale agreement Title Proof of funds Pre-approval 98

HomeLight

AUGUST 16, 2021

Sometimes you’ll even find grants to help you with closing costs and down payments. Our America’s Home Grant program offers credits for closing costs, and Our Down Payment Grant covers down payments. The NeighborhoodLIFT program offers forgivable, no-interest second mortgages that can be used for both down payments and closing costs.

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Loans VA loan FHA loan Purchase and sale agreement 94

HomeLight

JUNE 27, 2022

You’re choosing from pre-set finishes and you may get to choose paint colors, types of flooring , fixture finishes, and appliance packages. These allow you to choose a few paint colors and add-ons, but you will mostly get pre-built features that the builder has already decided on. Tour the model homes. Shop around for your mortgage.

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New Construction Construction Pre-approval Inspection 84

HomeLight

JANUARY 4, 2022

Skip repairs, staging, and showings. iBuyers then allow the seller to close in as little as 10 days but can also provide longer move-out timelines for those who need the flexibility. These people may offer close to full list price, since they aren’t trying to make a profit on the property,” he says. Request Offer.

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Investor Finance Inspection Sales 98

HomeLight

AUGUST 16, 2021

Some savings you can use toward a down payment and closing costs? While you’re in the preparation stages of buying a home, it’s a good idea to spend some time in the neighborhoods you might end up in. Estimate your down payment and closing costs. As for closing costs, they can add up to between 2% and 5% of the loan amount.

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Closing costs Purchase and sale agreement Inspection Loans 103

Redfin

JULY 30, 2021

iBuyers offer quick and flexible closing dates since they purchase your home with an all-cash offer. You’ll be able to forgo tasks like staging your home, upgrading your curb appeal, or scheduling any maintenance on your home. One of the benefits of selling your home to an iBuyer is the ability to close at your convenience.

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Pre-qualification Closing costs Equity Sales 63

HomeLight

DECEMBER 14, 2021

Be sure and ask any agent that you’re interviewing about these qualifications. How many sales did they close in the last few months? Pre-listing or when looking at houses, and when evaluating offers.In Pre-listing or when looking at houses, and when evaluating offers.In Would staging your home increase its sale price?

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Pre-qualification Earnest money deposit Agents Days on market 100

HomeLight

AUGUST 31, 2020

You go inside to close the deal, but a half-hour later or maybe an hour, that crazy thing happens. And then we do send, you know, a pre-listing package prior to connecting. ” Like, that’s an assumptive close. And then in that email, there’s also gonna be a pre-listing package, which is a PDF that you can open.

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Pre-qualification Agents Due diligence As-is 94

Toronto Realty Blog

MARCH 14, 2022

Then what if you sold on January 17th with a 60-day closing, and you had a deadline of homelessness set for March 19th? They decided to sell first, obtain a long closing, and then wait until spring for more inventory to hit the market and prices to stabilize. So what if you sold first? That is why most people buy before selling.

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Pre-qualification Sales Closing Renovation 77

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 Pre-listing or when looking at houses, and when evaluating offers.In Would staging your home increase its sale price?

Earnest money deposit 91

Earnest money deposit Agents Days on market Sales 91

HomeLight

MAY 17, 2021

In this week’s episode of The Walkthrough, agent and coach Aaron Novello shares how pre-qualifying sellers has helped his team win 80% of its listing appointments. You go inside to close the deal, but a half-hour later or maybe an hour, that crazy thing happens. ” Like, that’s an assumptive close. None of that.

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Pre-qualification Agents As-is Due diligence 59

HomeLight

APRIL 26, 2023

We’ll also provide a comprehensive overview of the full process to prep, market, and close on your home without the assistance of a real estate agent. That 6% is deducted from the seller’s proceeds at closing. Next: Consult our guide on who pays closing costs when selling a house by owner for more details. Navigate to Zillow.

MLS 66

MLS Agents Sales Proof of funds 66

HomeLight

DECEMBER 6, 2022

We’ll also provide a comprehensive overview of the full process to prep, market, and close on your home without the assistance of a real estate agent. That 6% is deducted from the seller’s proceeds at closing. Next: Consult our guide on who pays closing costs when selling a house by owner for more details. Navigate to Zillow.

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Purchase and sale agreement MLS Pre-approval Agents 75

Toronto Realty Blog

DECEMBER 14, 2022

October 19th, 2022, I wrote, “Should Tenants Be Pre Approved For Candidacy?” There’s no qualification to be a landlord. Not even close. Sure, I did have something to do with it, whether it was our staging, marketing, interacting with buyer agents, and/or our offer night. Common sense, right?

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Development Purchase and sale agreement As-is Marketing 81