HomeLight

NOVEMBER 1, 2021

If you’re selling your home in a hot market rampant with bidding wars that drive up the purchase offers on home sales, you may realize that your home is unlikely to appraise for the inflated purchase offer or even for your asking price. An inventory shortage — there are fewer homes for sale than there are home buyers, creating bidding wars.

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Purchase and sale agreement Proof of funds Backup offer Finance 89

Lab Coat Agents

MARCH 4, 2022

See attached chart: Note that the last 2 years have seen the highest number of sales EVER in these 6 counties in the GSMLS – scratching my head and wondering why anyone is saying there are no houses to sell? No appraisal (provide a full appraisal floor with proof of funds). But what if you CAN win?

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Proof of funds Inspection Loans Loan Officer 98

HomeLight

JULY 31, 2020

You won’t literally be paying in hundred-dollar bills, but with an all-cash offer, you must have the funds to purchase the home available in a liquid account , meaning an account that allows immediate withdrawals and transfers. To be clear, an all-cash offer means you won’t be getting a mortgage loan for any portion of the sale.

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Purchase and sale agreement Inspection contingency Proof of funds Finance 97

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. While all-cash offers used to be relatively rare, they now make up 25% of all home sales. This means that the buyer has the funds to purchase the home in full. Where do cash offers come from?

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Inspection contingency Proof of funds Inspection Pre-approval 56

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

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. Find your house.

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Inspection contingency Proof of funds Inspection Title 99

Point2Homes

SEPTEMBER 30, 2021

Real estate transactions often feature contingency clauses that allow both parties to back out of the sale under the circumstances stipulated in the contract. One common type you’ll encounter is a sale and settlement contingency. It’s used by buyers who already have a home they’re looking to sell to finance buying another one.

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Pre-approval Proof of funds Inspection contingency Due diligence 98

HomeLight

FEBRUARY 28, 2022

Whatever the case, a We Buy Houses for Cash company could be the best solution if you’re looking for a quick and easy sale. HomeLight’s Simple Sale platform provides full cash offers for homes in almost any condition nationwide and in Colorado. Get an offer in as few as 48 hours and close in as little as 10 days.

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Closing costs Closing Sales Staging 75

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. If you are not experienced in sales it is easy to get tempted into moving forward with the first offer that comes your way. The longer a buyer has been investing the more likely they are to close!

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Earnest money deposit Inspection Proof of funds Due diligence 78

HomeLight

APRIL 5, 2024

If you’re a homeowner in Oklahoma seeking a fast sale without the burden of listing on the open market, connecting with a cash buyer could be the stress-free solution you’re looking for. In this guide, we’ll explain how to find and sell to Oklahoma cash home buyers and walk you through the entire cash sale process, step-by-step.

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Proof of funds Sales Due diligence Investor 92

HomeLight

APRIL 14, 2023

Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Receive your offer within a week and close in as little as 10 days. They usually present a take-it-or-leave-it sale price. If you accept the offer, you’ll both sign a sales contract.

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Purchase and sale agreement Closing costs Closing Sales 83

The Close

FEBRUARY 14, 2024

Home sale preparation is done like a dealership preps the cars for the lot. Preparing Your Home for Sale Myth #4: Your Home Should Reflect Your Personality Sellers, especially those who have lived in their home for decades, are attached. We went forward with them, and the closing kept getting delayed; we didn’t close for 48 days.

Pre-approval 98

Pre-approval Earnest money deposit MLS Renovation 98

HomeLight

OCTOBER 30, 2020

And for sellers of distressed homes or inherited property, it can be an appropriate strategy to facilitate a streamlined closing. As a bonus, many of these investors or flippers are more likely to offer all cash for the property , further waiving contingencies like sales or financing. Source: (Karolina Grabowska / Pexels).

Inspection 90

Inspection As-is Inspection contingency Investor 90

Redfin

JULY 30, 2021

All-cash offers also tend to have quicker closing dates since there’s no waiting for the mortgage underwriting process to finish. . Once you’ve received and accepted their offer, you can typically close between 10-90 days. However, if you sell your house for cash to a foreign investor, you may not be able to close that quickly.

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Proof of funds Equity Finance Investor 62

Realty Biz

SEPTEMBER 28, 2022

If a seller wants to sell their house for the top dollar, they may want to consider fixing their home before putting it on sale. And if you do get an offer, they may require you to replace the roof before close. They may close within 14 days. You Won’t Pay Any Realtor Fees Or Closing Costs.

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Purchase and sale agreement Inspection Investor Closing costs 75

Kyle Handy

MAY 3, 2023

Stay engaged through the entire process, from the first interaction to closing. Closing Deals and Earning Commissions Negotiation Tactics When closing deals, it’s crucial to employ effective negotiation tactics to help both you and your client reach a favorable outcome.

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Development Design Industrial Agents 68

HomeLight

JUNE 7, 2022

followed closely by “What do I need to do to apply for a mortgage?”. Go with the turn time that the lender states and then add an extra day to it, just to be safe,” says Richie Helali, a mortgage sales leader with HomeLight Home Loans who gave us the inside scoop on how long a mortgage preapproval really takes. Two recent pay stubs.

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Mortgages Loans Lending Proof of funds 93

HomeLight

MARCH 13, 2023

Whatever your reason for needing a quick sale without making a substantial investment, the Orlando real estate market is teeming with cash buyers ready to make a deal no matter your home’s condition. Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready.

Sales 78

Sales Investor Due diligence Renovation 78

HomeLight

AUGUST 31, 2021

As a rising number of companies provide cash offers for homes and improve experiences for sellers with advanced technology, the idea that you don’t have to wait months to list and close on your house appeals to many stressed-out sellers. Plus, you’ll save money on things like commissions, repairs, and closing costs.”.

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Proof of funds Investor Due diligence Closing 144

HomeLight

MARCH 13, 2023

Do you need to connect with cash home buyers in Austin for a fast sale? With so many people relocating to the Texas state capitol, there’s a need for housing – and there are plenty of cash home buyers in Austin to help sellers who need a quick sale. Receive your offer within a week and close in as little as 10 days.

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Sales Investor House Flipping Pre-approval 68

HomeLight

JUNE 14, 2023

Escalation clauses essentially cut to the chase in a bidding war and help speed up the sales process. Appraisal gap: You may face an appraisal gap if the final sale price is higher than the appraised value, potentially leading to financing difficulties. But they are not without risk.

Finance 66

Finance Agents Proof of funds As-is 66

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.”. But just how long does it take to close on a house with cash, compared to a traditional loan?

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Purchase and sale agreement Closing Title search Title 102

HomeLight

JUNE 19, 2023

Get Started Step 1: Find the land for sale You won’t always be lucky enough to drive past a plot of land that’s the perfect investment opportunity for you. LandWatch is a free online resource you can use to search for rural properties and land for sale. First, the seller is likely to want to see proof of funds.

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Land Proof of funds Purchase and sale agreement Title 107

HomeLight

SEPTEMBER 16, 2021

Handle any unique requirements of the sale. Review and sign the closing documents. Cash buyers provide a variety of conveniences to sellers, including a shorter closing, increased level of certainty, and the option to sell “as is” and save money on repairs. Close for cash in as few as 10 days. Sign the contract!

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Title Inspection Proof of funds Investor 98

HomeLight

MARCH 16, 2023

Do you need to connect with cash home buyers in Houston for a fast sale? Whatever your reason for needing a quick sale without making expensive repairs, Houston is teeming with cash home buyers ready to make you an offer no matter your home’s condition. Receive your offer within a week and close in as little as 10 days.

Sales 64

Sales Purchase and sale agreement Earnest money deposit Investor 64

HomeLight

AUGUST 24, 2022

Looking to connect with a Florida cash home buyer for a quick sale in the Sunshine State? HomeLight’s Simple Sale platform provides all-cash offers, giving clients a fast, stress-free home selling experience without having to worry about additional repairs or prep work and with no additional fees, commissions, or upfront costs.

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Purchase and sale agreement Title search Proof of funds Title 103

HomeLight

FEBRUARY 16, 2023

Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Receive your offer within a week and close in as little as 10 days. They usually present a take-it-or-leave-it sale price. If you accept the offer, you’ll both sign a sales contract.

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Purchase and sale agreement Closing costs Closing Investor 79

HomeLight

JUNE 28, 2022

With the amount of money involved in a home sale, is it any wonder? In this article, we’ll walk you through the most common home buying scams, their warning signs, and how to make sure the money from your home sale stays in your pocket. This includes verifying funds and, sometimes, that the buyer even is who they say they are.

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Proof of funds Investor Title Agents 85

HomeLight

OCTOBER 20, 2022

For Sale By Owner (FSBO). Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. Original sales contract. Contact your lender to get this document to help calculate net proceeds from the sale of your home.

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Purchase and sale agreement Pre-approval Inspection MLS 99

HomeLight

FEBRUARY 3, 2022

You’re waiting for showings, waiting for offers, waiting for your buyer to submit repair requests, and waiting on the lender for the clear to close.”. No strangers traipsing through your home office, no lengthy or expensive roof repairs holding up the sale. It also reduces the likelihood of contract delays. According to Dec.

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Pre-approval Staging Agents Proof of funds 97

HomeLight

JANUARY 5, 2022

Find an Agent to Coordinate a Sale Among Friends. Not all states require you to hire a real estate attorney to buy or sell real estate, but it’s almost always advisable to get legal representation in a sale among parties with a pre-existing relationship. It’s always tougher to negotiate with a friend. Edward Kaminsky. Edward Kaminsky.

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Pre-approval Purchase and sale agreement Title search Title 104

HomeLight

JULY 31, 2021

turn four walls and a roof into money in the bank, without the need for inconvenient showings, nail-biting appraisals , or a 50-day closing. Reports from the National Association of Realtors show that nearly a quarter of existing home sales were made with all-cash in the spring of 2021 — but how do you go about finding your cash buyer?

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Earnest money deposit Inspection Proof of funds Inspection contingency 98

HomeLight

OCTOBER 11, 2022

When the time comes to move, some tenacious homeowners in Iowa are eager to take over the reins of their home sale and figure out how to sell a house by owner. With millions of homes sold each year, a modest portion of sellers — about 7%-8% , historically — choose to list “For Sale By Owner” or FSBO (pronounced fizz-bow). Get Estimate.

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MLS Purchase and sale agreement Pre-approval Agents 95

HomeLight

APRIL 26, 2023

When the time comes to move, some tenacious homeowners are eager to take over the reins of their home sale and figure out how to sell a house by owner in Alabama. With millions of homes sold each year, a modest portion of sellers — about 7% in 2021 and 10% in 2022 — choose to list “For Sale By Owner” (or FSBO — pronounced fizz-bow).

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MLS Agents Sales Proof of funds 67

HomeLight

MAY 1, 2023

When the time comes to move, some tenacious homeowners in Mississippi are eager to take over the reins of their home sale and figure out how to sell a house by owner. With millions of homes sold each year, a modest portion of sellers — about 7% in 2021 and 10% in 2022 — choose to list “For Sale By Owner” (or FSBO — pronounced fizz-bow).

MLS 72

MLS Agents Sales Mortgage pre-approval letter 72

HomeLight

DECEMBER 14, 2021

Yes, we have more closings without the buyer seeing the home — but the reality is that they’d prefer to see it before they write an offer.”. Avoid prep work, staging, and the hassle of showings and go straight to getting a cash offer from HomeLight’s Simple Sale platform. Is there any way to avoid showings? Request Offer.

Staging 76

Staging Agents Proof of funds Pre-approval 76

HomeLight

APRIL 27, 2023

When the time comes to move, some tenacious homeowners in Utah are eager to take over the reins of their home sale and figure out how to sell a house by owner. With millions of homes sold each year, a modest portion of sellers — about 7% in 2021 and 10% in 2022 — choose to list “For Sale By Owner” (or FSBO — pronounced fizz-bow).

MLS 78

MLS Agents Sales Mortgage pre-approval letter 78