Remove Finance Remove Investor Remove Loan contingency Remove Pre-approval
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How To Buy and Sell a Home at the Same Time—in Today’s Haywire, High-Interest Rate Housing Market

Realtor.com

For instance, sellers can skip the traditional listing process entirely and field offers from investors and iBuyers who’ll buy their home quickly with all cash. It can also get you a deal since all-cash offers typically result in a 3% to 4% discount over a financed offer, Hardy notes.

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Use These 8 Strategies to Get Yourself a Home in 2022’s Real Estate Market

HomeLight

If they have underwriting approval, versus just a preapproval, they’re a much stronger buyer than someone with just a preapproval letter. Once you decide to buy a home, looking into your financing options should be one of the first steps. Buyers who go this route may even be able to remove their financing contingency.

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What’s the Deal with Making a Cash Offer on a House?

HomeLight

The associated contingencies , which come with additional risks for the seller, are where you’ll find most key distinctions between a cash offer and an offer backed by a mortgage loan. The most obvious contingency with an offer that requires financing is, of course, the financing itself. Though you can (and should!)