Remove Due diligence Remove Earnest money deposit Remove Pre-qualification
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9 Smart Tips for Making an Offer on a House That Stands Out

Redfin

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. This is more than just pre-qualification: It shows a lender has already vetted your finances. Why pre-approval matters: It gives sellers confidence in your ability to close.

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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

Due diligence period. What if your clients are asking about their due diligence period? Earnest money deposit. Also known as a “good faith deposit,” it’s the amount of money a buyer puts in escrow to show their commitment to purchase a property. Pre-approval.