Earnest money deposit Pre-approval Proof of funds Sales 
RIS Media
OCTOBER 22, 2020
If the listing agent is allowed to disclose the other offers, make sure to obtain written approval from the seller before discussing this. Your client should also come prepared with a few other things: a pre-approval letter, earnest money deposit and, if they are paying cash, a proof of funds document.
The Close
FEBRUARY 14, 2024
Home sale preparation is done like a dealership preps the cars for the lot. Preparing Your Home for Sale Myth #4: Your Home Should Reflect Your Personality Sellers, especially those who have lived in their home for decades, are attached. Plus, my clients nearly lost their earnest money deposit due to the delays.
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HomeLight
MARCH 16, 2023
Do you need to connect with cash home buyers in Houston for a fast sale? Perhaps you’re relocating for your dream job in two weeks, but you don’t have the time or money to replace the roof on your University Place ranch that has sprung a leak. Need to Sell Your House Fast in Houston? No showings, no repairs, no open houses.
HomeLight
SEPTEMBER 30, 2020
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. The forfeiture of earnest money deposits document means that HUD can retain your 5% deposit if you do not fulfill your end of the sales contract for some reason not already outlined in the contract.
The Close
DECEMBER 29, 2022
This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. ” If a property is active contingent, a buyer has submitted an offer to purchase a property, but the sale won’t be finalized until certain conditions, or contingencies, are met. Comparable sales (comps).
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