HomeLight

OCTOBER 5, 2020

In areas with a lot of residential demand, flippers or future landlords may crowd foreclosure auctions hoping to snag a deal — just like you. Constantine recommends you do your due diligence. One reason it’s so important to have a qualified, dependable real estate agent on your side is to help you with these due diligence tasks.

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Due diligence Earnest money deposit Banks Inspection 53

HomeLight

OCTOBER 29, 2020

If you’re obtaining traditional financing, waiving the financing contingency can put your earnest money deposit at risk. Short sale or bank approval contingencies. Buyers have to be willing to move forward with their due diligence right away,” says Lagrois.

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Purchase and sale agreement Pre-approval Earnest money deposit Inspection 78

HomeLight

JULY 31, 2021

Although it’s not as sure of a bet, you could also attract a regular residential buyer who has enough liquid assets to buy a house outright. Beyond doing your due diligence online, it’s also a good idea to pick up the phone and put a voice to the business. Earnest money deposit. Put a voice to a name.

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Earnest money deposit Inspection Proof of funds Inspection contingency 98

The Close

DECEMBER 29, 2022

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. Short sale.

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Purchase and sale agreement Title Proof of funds Pre-approval 98