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Remove Earnest money deposit Remove Pre-qualification Remove Proof of funds Related Topics
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Tips to be a Successful Buyer During Season

Dwell Real Estate

JANUARY 30, 2020

When an offer is submitted, seller's prefer to see proof of funds and/or a pre-qualification letter to be sure they are dealing with a qualified buyer. Submitting the proof of funds or pre-qualification letter with the offer makes you a stronger buyer in the eyes of the seller.

Pre-qualification 52
Pre-qualification Proof of funds Earnest money deposit Inspection 52
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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

DECEMBER 29, 2022

Earnest money deposit. Also known as a “good faith deposit,” it’s the amount of money a buyer puts in escrow to show their commitment to purchase a property. Jumbo loans generally require stricter qualifications, higher credit scores, and higher income and/or cash reserves. Pre-approval.

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