Remove Due diligence Remove Loans Remove Rent back Remove Sales
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What to Do Before Offering on a Home

RIS Media

Look at recent sale prices, as well as neighborhood trends. 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. Final thoughts.

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

HomeLight

Ever since the 2008-2009 recession, cash offers have become more prevalent, accounting for 33% of sales as of 2021 — that’s up from 20% in 2019. 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. Updated August 31, 2021.

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

HomeLight

to as high as 6% of the sale price, so be sure to leave room in your budget for your attorney and real estate agent, as well as for filing fees and other required deposits. Sellers appreciate cash offers because of their faster timelines, as there’s no need to wait for a mortgage loan. million in condos.

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

HomeLight

Source: (LinkedIn Sales Solutions / Unsplash). Guide you through the steps of due diligence and inspections. Coordinate with the closing attorney and seller’s agent to finalize the sale. … What if you could sweeten the deal for a seller by offering them a rent-back clause ? An agent is your advocate.

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