HomeLight

JULY 31, 2021

Although it’s not as sure of a bet, you could also attract a regular residential buyer who has enough liquid assets to buy a house outright. The CMA does a deep dive into how your property stacks up against the sale prices of nearby homes that are similar in size, style, age, and features. Earnest money deposit.

Earnest money deposit 98

Earnest money deposit Inspection Proof of funds Inspection contingency 98

The Close

DECEMBER 29, 2022

Furthermore, in today’s market, understanding our complex mortgage industry could actually help you close more deals and maybe even save clients money. So we’ve included a handy download with questions your clients should ask their mortgage broker. 4 Key Interest Rate Questions That Could Save Your Clients Money.

Purchase and sale agreement 98

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

HomeLight

OCTOBER 5, 2020

The lender that’s trying to collect on the defaulted mortgage will order an appraisal on the home to determine its worth. An auction price will depend partly on what the owner still owed on the previous owner’s mortgage. Those other claims might include: A second mortgage on the home. A home equity loan or line of credit.

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Due diligence Earnest money deposit Banks Inspection 53

HomeLight

OCTOBER 29, 2020

When you use a mortgage to buy a home, your lender will need to order an independent appraisal to evaluate what it’s worth. Unless you’re paying cash for a house, your best course of action is to include a pre-approval letter from a mortgage lender with your offer. Short sale or bank approval contingencies.

Purchase and sale agreement 77

Purchase and sale agreement Pre-approval Earnest money deposit Inspection 77