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What’s the Deal with Making a Cash Offer on a House?

HomeLight

A cash offer simply means that a buyer already has the funds available to buy the house and can pay for it without securing a mortgage loan. From the seller’s point of view, it doesn’t make much difference whether the cash comes from the buyer’s personal bank account or from a mortgage loan. Though you can (and should!) The inspection.

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What to Do Before Offering on a Home

RIS Media

Allowing the seller to rent back for a specified amount of time. Over the life of the loan, it could translate into thousands of dollars. Now that you are able to make an offer on the house, make sure you perform some due diligence. The terms of the loan. Buyers are waiving a home inspection. Final thoughts.

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Ways Home Buyers Can Get Their Offer Selected

Hank Miller Team

Princes are conventional loans with as much down as possible Offer 3-4 in earnest money and deposit it within a day of contract Waive contingencies like inspection, appraisal, and financing Learn what is key to seller and try to accommodate them Keep things simple, no nonsense stipulations or asks This is the market right now (late 2/22).

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Listing agents: Don’t ghost your sellers

Real Trends

If you have clients that are thinking about offering, keep in mind that the offers we have already received are well above list price, have waived inspection and appraisal, and are willing to honor the Seller’s request of a free 60-day rent-back.”

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Why Hire a Real Estate Agent? 11 Reasons Why Buyers Should Work With A Pro

HomeLight

Guide you through the steps of due diligence and inspections. While it’s true that a home purchased with a mortgage loan will be evaluated by an appraiser before all is said and done, there’s more to a fair price than a bank’s willingness to loan money. Help you identify possible opportunities for negotiation.

Agents 93
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Get Your Own Slice of the Big Apple: Buying a House in Manhattan

HomeLight

Hiring an attorney, which is a local convention in New York , eases the burden of buyer due diligence on an entire building’s amenities, including elevator updates and hot water service. Sellers appreciate cash offers because of their faster timelines, as there’s no need to wait for a mortgage loan.