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Are Unconditional Offers “Risky?”

Toronto Realty Blog

They would be conditional on a lawyer’s review, a home inspection commissioned by the buyer (but paid for by the government…), satisfactory and guaranteed mortgage financing, a catch-all for unfettered “due diligence,” and a mandated ten-day cooling-off period where the buyer can change his or her mind for any reason.

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What Does Contingent Mean in Real Estate Sales

Realty Biz

Even if the buyer has pre-approval for a mortgage, things can still go wrong when they apply for the loan. Perhaps, they have taken out a fresh loan, or their situation has changed in some other way since pre-approval. There is always confusion among what the various statuses mean in MLS, not just contingent.

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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

If your clients are concerned about getting approved for a loan, you can remind them that a co-borrower agrees to back the borrower in a mortgage loan. Simply put, this measures the number of days a property is for sale, from the day it is listed on the multiple listing service (MLS) to the day a buyer and seller are under contract.

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How to Sell a House By Owner in Ohio: A Buckeye State FSBO Guide

HomeLight

If you choose to invest in a pre-listing appraisal, consider the differences and similarities of comps with the appraised value of your home to choose a price that will encourage activity (too high and it may seem out of reach to many buyers) but will also maximize your profit. Pay an agent to list your home on the MLS. Assist-2-Sell.

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How to Sell a House by Owner in New Jersey

HomeLight

Murphy says some New Jersey towns offer full-day pre-K. To give your home the most exposure, pay to have your home put on your local MLS ( multiple listing service ) — a platform agents use to share properties with one another as well as major real estate sites. Pay an agent to list your home on the MLS. List your home online.

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How to Sell a House With a Realtor®, From Home Prep to Closing Day

HomeLight

Unfortunately, too many homeowners fail to do the same due diligence when hiring the Realtor ® who’ll help them sell their most valuable asset. They want to make sure you’re doing your due diligence! The buyer’s financial health (mortgage pre-approval, down payment size, etc.). An all-cash offer.

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How to Sell a House By Owner in Alabama

HomeLight

When you list in the MLS, you must include a buyer’s agent commission. If you choose not to list in the MLS so you can forgo the buyer’s agent commission, you’ll seriously limit the exposure your home will get. Only licensed real estate agents and brokers who are MLS members can post to the MLS.

MLS 72