HomeLight

APRIL 26, 2023

Not having agent representation could also lead to paying more in seller concessions. 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. See the next step!)

MLS 66

MLS Agents Sales Proof of funds 66

HomeLight

OCTOBER 1, 2022

Sellers aren’t required to hire a real estate attorney in Ohio, but FSBO sales typically warrant legal and professional oversight of some kind to avoid an abundance of legal risk. For example, in Ohio, you’ll need to meet a number of mandatory disclosures and complete a Residential Property Disclosure form. See the next step!).

MLS 87

MLS Pre-approval Agents Sales 87

HomeLight

DECEMBER 13, 2022

Not having agent representation could also lead to paying more in seller concessions. Here are key considerations when considering an offer on your Virginia home: Vet potential buyers by requiring a mortgage pre-approval letter or proof of funds. According to the Virginia Residential Property Disclosure Act (§ 55.1-700)

Purchase and sale agreement 81

Purchase and sale agreement MLS Agents Sales 81

HomeLight

DECEMBER 6, 2022

Not having agent representation could also lead to paying more in seller concessions. 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. Marketing your home is time-consuming. Require everything in writing.

Purchase and sale agreement 74

Purchase and sale agreement MLS Pre-approval Agents 74

HomeLight

DECEMBER 6, 2022

Not having agent representation could also lead to paying more in seller concessions. 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.

MLS 79

MLS Agents Sales Inspection 79

HomeLight

NOVEMBER 23, 2022

Not having agent representation could also lead to paying more in seller concessions. 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. This does not necessarily give the seller a free pass, however.

MLS 77

MLS Agents Sales Closing 77

HomeLight

OCTOBER 14, 2022

Whether you hire a listing agent or not, the Illinois Residential Real Property Disclosure Act requires sellers to disclose known defects and problems with a property to prospective buyers. Sellers are required to provide disclosures of known problems to buyers before signing the real estate contract. Earnest money, for example.

MLS 71

MLS Agents Sales Mortgage pre-approval letter 71