The Close

DECEMBER 29, 2022

Furthermore, in today’s market, understanding our complex mortgage industry could actually help you close more deals and maybe even save clients money. So we’ve included a handy download with questions your clients should ask their mortgage broker. Adjustable-rate mortgage (ARM). Assumable mortgage. Amortization.

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

HomeLight

JULY 31, 2021

Here’s a little background on what cash buyers tend to prioritize and look for when they make an offer, according to experts in the real estate and investing industry we spoke with directly. Beyond doing your due diligence online, it’s also a good idea to pick up the phone and put a voice to the business. Verification of funds.

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Earnest money deposit Inspection Proof of funds Inspection contingency 98

HomeLight

MARCH 13, 2023

Booming tourism industry spurs investor activity With warm weather and popular attractions like Walt Disney Disney World and Universal Orlando Resort, Orlando is one of the country’s top tourist destinations with nearly 60 million visitors each year. The buyer does due diligence during the option period in Florida.

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HomeLight

APRIL 26, 2023

This is standard industry practice among agents. 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. Should you be present for showings?

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MLS Agents Sales Proof of funds 65

HomeLight

OCTOBER 1, 2022

This is standard industry practice among agents. Before signing anything, Breeckner says it’s vital to do your due diligence. But that said, he urges FSBO sellers to ensure that prospective buyers have pre-approval and proof of funds. Should you be present for showings? Otherwise, you risk getting burnt.

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HomeLight

DECEMBER 6, 2022

This is standard industry practice among agents. Before signing anything, Knipe says to do your due diligence. Here are key considerations when considering an offer on your Oregon home: Vet potential buyers by requiring a mortgage pre-approval letter or proof of funds. Should you be present for showings?

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MLS Agents Sales Inspection 79

HomeLight

NOVEMBER 23, 2022

To do so, you can ask for a prequalification letter or, Bommarito suggests, “Get with your local lender who is offering mortgages, and just ask your local lender if they would mind qualifying people for you — which they may do, because they may end up getting a loan on it.”. This is standard industry practice among agents.

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