Redfin

JULY 30, 2025

Get pre-approved for a mortgage and have cash ready One of the biggest signals to sellers that you’re serious is a mortgage pre-approval letter. This is more than just pre-qualification: It shows a lender has already vetted your finances. What not to do when making an offer on a house?

Earnest money deposit

HomeLight

APRIL 26, 2023

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. Require everything in writing. Remember, you can counter-offer and negotiate.

MLS

HomeLight

DECEMBER 6, 2022

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. You’ve got your first offer — congratulations! There are a lot of scams out there.”.

MLS

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.”. Should you be present for showings?

MLS

HomeLight

OCTOBER 1, 2022

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. He says asking for pre-approval letters is key. Evaluate offers and negotiate a deal. Require everything in writing.

MLS

HomeLight

DECEMBER 6, 2022

Murphy says there are many people who have slowed down their search or taken a break with mortgage rates skyrocketing. “We She cautions that buyers can get a pre-approval letter online that’s not worth the paper it’s written on. Share on social media. Require everything in writing. Radon gas (testing, mitigation).

Purchase and sale agreement

HomeLight

DECEMBER 8, 2022

Before signing anything, Rodocker says to do your due diligence. Here are key considerations when considering an offer on your Washington State home: Vet potential buyers by requiring a mortgage pre-approval letter or proof of funds. Evaluate offers, negotiate a deal, and make disclosures.

MLS