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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. 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. This one is a biggie.

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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. 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. Updated August 31, 2021.