Remove Earnest money deposit Remove Inspection Remove Proof of funds Remove Staging
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11 Homeselling Myths, Debunked

The Close

Still, the car was detailed, professionally photographed, staged, posted online, and syndicated to numerous websites to find a buyer. Plus, consider the fact that if an issue arises during the inspection, they can offer a credit to keep the deal moving forward. Plus, my clients nearly lost their earnest money deposit due to the delays.

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How to Get Cash for Your Home: A Step-by-Step Guide

HomeLight

Harvell also suggests getting concrete proof that the buyer has purchased properties in their name as part of the vetting process. I’m not talking about a ‘proof of funds’ letter — those are easily manipulated,” he says. “If Verification of funds. Earnest money deposit. Inspection period.

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Find Cash Home Buyers in Houston for a Fast, Simple Sale

HomeLight

He adds that negotiations and home inspection issues could further reduce the price by 10%. 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. Ramcharitar inspects the property and then gives a verbal offer followed by a written one.

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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

A contingency might be the buyer selling their current house, requiring certain repairs to be made, or obtaining a clean termite inspection. Don’t you love it when the co-borrower is the client’s dad who comes along on the inspection and is suddenly an expert on chimney engineering? Earnest money deposit.