Realty Biz

MARCH 27, 2022

If you are trying to buy a home in a seller’s market, offering the asking price may not be enough. With more competition from buyers, the seller has more options, and you will need to do more to get the house you want. Sellers are in the driver’s seat, and they know it. Offer a Larger Earnest Money Deposit.

Purchase and sale agreement 116

Purchase and sale agreement Earnest money deposit Seller concession Finance 116

Realty Biz

APRIL 20, 2022

Mortgage Financing Clause. Most home buyers do not have the finances available to buy without a mortgage. So financing is one of the common contingencies in an offer. Your credit score , income, and debt will contribute to the financing that is offered by lenders.

Purchase and sale agreement 105

Purchase and sale agreement Home sale contingency Earnest money deposit Inspection contingency 105

The Close

FEBRUARY 6, 2024

The less your buyers need to finance, the less likely the deal will fall through. They only had to finance a small part of the home loan (less than $100,000) after they offered to pay 80% of the list price in cash. Offer a Sizeable Down Payment Make a big impression by offering a large earnest money deposit (EMD) to hold the contract.

Pre-approval 75

Pre-approval Earnest money deposit Inspection Inspection contingency 75

Realty Biz

SEPTEMBER 4, 2023

Finding outstanding deals takes skill and work, and then it takes a healthy buyer’s list and marketing strategy to find a buyer quickly for your contracted deal. What it doesn’t take is much money. Either way, you get to use owner-occupied financing, which means a down payment as low as 3%.

Earnest money deposit 85

Earnest money deposit Seller concession Investor Hard money loan 85

Realty Biz

MAY 24, 2021

Finding outstanding deals takes skill and work, and then it takes a healthy buyer’s list and marketing strategy to find a buyer quickly for your contracted deal. What it doesn’t take is much money. Either way, you get to use owner-occupied financing, which means a down payment as low as 3%.

Earnest money deposit 126

Earnest money deposit Seller concession Investor Hard money loan 126