Remove Due diligence Remove Pre-approval Remove Rent back
article thumbnail

What to Do Before Offering on a Home

RIS Media

Allowing the seller to rent back for a specified amount of time. Many buyers will put in offers on homes that are contingent just in case the home of their dreams comes back on the market. . Get pre-approved for a mortgage. Your agent can help you get pre-approved for a mortgage in the current market.

article thumbnail

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

HomeLight

submit your purchase offer with a pre-qualification or preapproval letter from a lender, these funds aren’t a sure thing until the loan is fully approved. Make sure you’re already preapproved for your loan (or go through pre-underwriting, if possible) so waiting for that isn’t a factor. Though you can (and should!)

article thumbnail

13 ways to compete with cash offers & win a deal for your clients

Housing Wire

As part of your due diligence, have conversations with the listing agent before submitting an offer and ask how they feel about it. Do a pre-inspection This may or may not be popular in your market, but here in the Boston area, we see this fairly often. Ok, great, then go backwards and find the sweet spot.