The Close

FEBRUARY 14, 2024

Navigating the Selling Process Myth #8: Getting Pre-approved Should Happen After Finding Your Perfect Home House hunting can be exhausting. If a buyer loves the home but has no way financially to prove that they 1) are serious about a purchase and 2) can finance it, then you’ll need to send them to a lender.

Pre-approval 98

Pre-approval Earnest money deposit MLS Renovation 98

HomeLight

SEPTEMBER 30, 2020

You’re finally ready to purchase a home and after doing some research online, you think that exploring your options around how to buy a HUD Home might be a good fit for your lifestyle and finances. Buyers with lower credit scores or lower down payments can sometimes get an FHA loan even if they can’t get approved for a conventional loan.

Earnest money deposit 85

Earnest money deposit FHA loan Pre-approval Finance 85

HomeLight

MARCH 16, 2023

More certainty: With a pre-offer walk-through, a cash home buyer can typically provide a firm cash offer that comes with few contingencies, or no contingencies at all. You don’t need the added stress that comes with the risk of the buyer’s financing falling through or a home inspection turning up unpleasant surprises.

Sales 71

Sales Purchase and sale agreement Earnest money deposit Investor 71

The Close

DECEMBER 29, 2022

If your clients are concerned about getting approved for a loan, you can remind them that a co-borrower agrees to back the borrower in a mortgage loan. A short-term loan that covers the cost to build a property until the owner can secure long-term financing. Earnest money deposit. Construction loan. Contingency.

Purchase and sale agreement 97

Purchase and sale agreement Title Proof of funds Pre-approval 97