RIS Media
OCTOBER 22, 2020
– New Homes: New homes that are under construction may have buyers that fall through. If the listing agent is allowed to disclose the other offers, make sure to obtain written approval from the seller before discussing this. This is not the case. In some cases, Bolin suggests a deposit of $5,000 to make your offer seem strong.
HomeLight
MARCH 13, 2023
New construction surge contributing to competition for buyers. Certainty: With a pre-offer walk-through, a cash home buyer can typically provide a firm cash offer that comes with few, if any, contingencies. No pre-qualifying for a loan. Instead, however, he advises sellers to validate cash buyers for proof of funds.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
HomeLight
FEBRUARY 3, 2022
It’s also good practice to screen buyers for pre-approval or proof of funds before they view the home to cut back on useless showings. To make things easier, develop a pre-showing routine that you can execute with muscle memory. With advanced planning, new construction is another option. “If
HomeLight
DECEMBER 14, 2021
has been experiencing a nationwide inventory shortage as the result of new construction hurdles and low interest rates, it’s more likely that you’re in a seller’s market than buyer’s market. Ensure any buyer who books a tour is pre-approved for a mortgage or has proof of funds. Because the U.S.
HomeLight
APRIL 26, 2023
“The first due diligence you want to do is make sure they have proof of funds ,” Graham recommends. Graham says the next step is to ask for a pre-approval letter from a reputable mortgage company that you’re comfortable with. Require everything in writing. Remember, you can counter-offer and negotiate.
HomeLight
NOVEMBER 10, 2022
Lalez suggests getting a pre-listing inspection. Construction materials are “extremely important” in the windy city. I check the buyer’s pre-approval by calling the lender. It’s important to take an objective view of your home. Realtors® are more critical.”. Then, “do the top half of the list.”.
HomeLight
NOVEMBER 21, 2022
Gila adds that FSBO sellers should list their home at fair market value , especially when competing with new construction in South Carolina that offers high incentives for buyers as well as real estate agents who provide Realtor® bonuses and buy-down interest programs or closing costs paid by sellers. Require everything in writing.
Expert insights. Personalized for you.
127 
Let's personalize your content