Housing Wire
DECEMBER 8, 2023
Educate your clients about financing While many homebuyers can benefit from a 30-year, fixed-rate conventional mortgage , other borrowers might need access to other loan programs with more lenient guidelines. Should they consider new construction? Are they in a situation where they can compete for a home if necessary?
Realty Biz
MARCH 19, 2022
Do: Have Your Finances in Order. Remember that proof of funds is also important when making a cash offer as it helps the land seller be confident that you gave access to the money. Every land buyer needs to thoroughly research the plot of land to ensure they can construct the property they want. In Conclusion.
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Redfin
FEBRUARY 4, 2022
These qualities are what sets them apart from new construction, such as a modern craftsman home or ranch style house. But, buyers beware, owning a historic home isn’t always as easy and breezy as maintaining a newly constructed one. Is it an example of a historic style or was constructed by a prominent architect? .
HomeLight
OCTOBER 30, 2020
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. With Simple Sale , you can rest assured that every buyer on our platform has been stringently vetted and that we’ve verified their proof of funds. A lower price.
Realty Biz
SEPTEMBER 28, 2022
Most buyers don’t usually have a large amount of money, so they often use their banks’ financing to help them buy homes. Investors who purchase homes for cash often do so because they can avoid paying fees associated with traditional mortgage financing. Experienced Have a track record Have proof of funds.
HomeLight
JUNE 19, 2023
If the land is near a conservation area or has endangered animals, construction work is often limited or outright restricted. Step 3: Get your financing in order Because you plan to make a cash offer , you’ll want to get a few documents in order. First, the seller is likely to want to see proof of funds.
HomeLight
MARCH 13, 2023
New construction surge contributing to competition for buyers. You don’t have to deal with negotiating offers, low appraisals, or the risk of a buyer’s financing falling through. Instead, however, he advises sellers to validate cash buyers for proof of funds. iBuyers see opportunity in Austin. There’s less uncertainty.”
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