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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Sales Investor Due diligence Renovation 95

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.

Earnest money deposit 98

Earnest money deposit Inspection Proof of funds Inspection contingency 98

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. He suggests calling the lender to find out if they’ve verified the buyer’s funds and employment. Should you be present for showings? See the next step!)

MLS 81

MLS Agents Sales Proof of funds 81

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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MLS Pre-approval Agents Sales 106

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. Due diligence period. What if your clients are asking about their due diligence period? Proof of funds. Fair Credit Reporting Act. Purchase agreement.

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

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?

MLS 99

MLS Agents Sales Inspection 99

HomeLight

DECEMBER 6, 2022

This is standard industry practice among agents. So your due diligence should include contacting the lender to ask about the type of financing and whether the buyer has the qualifications to be approved for a loan. Should you be present for showings? With unrepresented buyers, plan to be on the property for the showing.

Purchase and sale agreement 94

Purchase and sale agreement MLS Pre-approval Agents 94