Remove Days on market Remove Due diligence Remove Pre-approval
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From consultation to closing: The definitive homebuying checklist

Housing Wire

Secure a mortgage pre-approval As a rule of thumb, its best to have your clients obtain a mortgage pre-approval prior to setting up any searches and conducting property tours. Required documentation Save your clients some time by providing them with a list of the documents theyll need to get pre-approved.

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9 Buyer Agent Mistakes That Are Killing Deals (and Your Reputation)

BAM Media

Showing Up Unprepared Showing homes without knowing the comps, days on market, or list-to-sale price trends is lazy. If the MLS says “Include pre-approval and buyer financials,” don’t just send over an agreement with nothing attached. That’s not due diligence. You’re walking into someone’s home.

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2 Florida Housing Markets Flagged for a Major Price Decline Risk

Marco Santarelli

A pre-approval for a mortgage is a must. The days of naming your price and getting multiple offers in a weekend are likely over. Long-term investors who focus on cash flow might still find opportunities, but due diligence is more critical than ever. Lower prices and more inventory could bring opportunities.

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9 Smart Tips for Making an Offer on a House That Stands Out

Redfin

Knowing your true budget means going beyond just what a lender will approve you for. Get pre-approved for a mortgage and have cash ready One of the biggest signals to sellers that you’re serious is a mortgage pre-approval letter. Why pre-approval matters: It gives sellers confidence in your ability to close.

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Bay Area Housing Market Sees a Big Decline in Home Sales

Marco Santarelli

Days on Market are Increasing: Sellers Take Note! Adding to this trend, the median number of days it takes to sell a home in California in May was 21 days compared to just 16 days the previous year. Buyers: This could be your chance to enter the market. What does this mean for you if you are a buyer?

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Do the Due: A Complete Due Diligence Guide and Checklist for Homebuyers

HomeLight

As a buyer, that means you have to do your due diligence from both a practical and contractual perspective. What does due diligence mean in residential real estate? That’s why we’ve put together this guide to due diligence for a homebuyer. Free Homebuying Due Diligence Checklist.

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Newark Housing Market: Prices, Trends, Predictions 2023

Marco Santarelli

Here are some tips for buying a home in the Newark housing market : Be prepared to act quickly. Get pre-approved for a mortgage before you start shopping. Work with a qualified real estate agent who can help you navigate the competitive market. On average, homes in Newark, NJ sell after 41 days on the market.