Development Inspection Pre-approval Proof of funds 
HomeLight
SEPTEMBER 16, 2021
Pass the home inspection. Since around 2005, homeowners have been able to request a free home value estimate online thanks to the development of algorithmic pricing tools. You should also request proof of funds to confirm that the buyer actually has the available cash to complete the purchase. Happy with the offer?
HomeLight
MARCH 13, 2023
As concrete foundations settle on sandy soil, houses may develop settlement cracks and other foundation issues. More certainty: With a pre-offer walk-through, a cash home buyer can generally provide a firm cash offer that comes with few contingencies, or no contingencies at all. The option period is negotiated between buyer and seller.
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HomeLight
MARCH 13, 2023
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. The buyer and seller sign the closing documents.
HomeLight
SEPTEMBER 30, 2020
The name comes from the US Department of Housing and Urban Development (HUD). Buyers with lower credit scores or lower down payments can sometimes get an FHA loan even if they can’t get approved for a conventional loan. You’ll either need a mortgage or cash (with proof of funds). Source: (Flipboard / Unsplash).
HomeLight
FEBRUARY 4, 2021
So, much of its housing stock comes from those post-war years when developments sprouted up along the town’s major boulevards. To confront that, Causey says most sellers conduct a pre-sale inspection and put together a disclosure package to give to potential buyers. Buyer beware: Common Fremont problems.
HomeLight
MARCH 16, 2023
He adds that negotiations and home inspection issues could further reduce the price by 10%. More certainty: With a pre-offer walk-through, a cash home buyer can typically provide a firm cash offer that comes with few contingencies, or no contingencies at all. The seller and buyer agree on a price and terms.
HomeLight
DECEMBER 14, 2021
Sight-unseen offers from buyers have increased in recent years due to the development of virtual tours, video listings, and digital walkthroughs. You can note that the cost of repairs has been factored into the price, and that inspections are for a buyer’s informational purposes only. Needs significant work or teardown.
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