HomeLight

APRIL 26, 2023

The first due diligence you want to do is make sure they have proof of funds ,” Graham recommends. A bank statement will help weed out people who are just looking around and don’t have the qualifications to purchase your house from legitimate buyers who can obtain financing. Require everything in writing.

MLS 68

MLS Agents Sales Proof of funds 68

HomeLight

DECEMBER 6, 2022

Murphy says some New Jersey towns offer full-day pre-K. 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.

Purchase and sale agreement 77

Purchase and sale agreement MLS Pre-approval Agents 77

The Close

DECEMBER 29, 2022

Due diligence period. What if your clients are asking about their due diligence period? Jumbo loans generally require stricter qualifications, higher credit scores, and higher income and/or cash reserves. Pre-approval. Proof of funds. The limit is based on local median home values.

Purchase and sale agreement 98

Purchase and sale agreement Title Proof of funds Pre-approval 98