HomeLight

APRIL 26, 2023

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. Require everything in writing. Remember, you can counter-offer and negotiate. Look for a good real estate attorney.

MLS 69

MLS Agents Sales Proof of funds 69

HomeLight

DECEMBER 8, 2022

Before signing anything, Rodocker says to do your due diligence. Even agents deal with delayed contracts because of inspection or title issues or other problems. 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.

MLS 87

MLS Agents Sales Closing 87

HomeLight

DECEMBER 6, 2022

Most people who sell by owner will need to hire an attorney to review and prepare key documents and make sure paperwork is filled out properly, such as the seller’s disclosures , standard title insurance, a conveyance deed, and any transfer taxes. Before signing anything, Knipe says to do your due diligence.

MLS 85

MLS Agents Sales Inspection 85

HomeLight

DECEMBER 6, 2022

She cautions that buyers can get a pre-approval letter online that’s not worth the paper it’s written on. 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. Require everything in writing.

Purchase and sale agreement 78

Purchase and sale agreement MLS Pre-approval Agents 78

HomeLight

NOVEMBER 23, 2022

Before signing anything, you’ll need to do your due diligence to evaluate the terms of the offer and assess whether the buyer’s financing looks satisfactory. According to Bommarito, “In West Virginia, we close with attorneys, not title companies.” Require everything in writing. Time to button up that deal.

MLS 83

MLS Agents Sales Closing 83