HomeLight

SEPTEMBER 16, 2021

A ‘cash offer’ simply means the offer does not include a financing contingency — in other words, it’s not dependent on the buyer being able to secure a loan.”. However, cash offers historically tend to be lower than financed offers. But that doesn’t make the process of selling your house for cash any less mysterious.

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Title Inspection Proof of funds Investor 98

HomeLight

JULY 31, 2021

Brian Martucci , a personal finance expert for Money Crashers , says that cash buyers tend to target the types of properties and sellers that reinforce the inherent advantages of their strategy. A 10-day closing translates as getting your home sold around five times faster than with a buyer who needs financing in today’s market.

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Earnest money deposit Inspection Inspection contingency Proof of funds 98

HomeLight

FEBRUARY 16, 2023

Maybe you’ve landed a new job in another city, and the employer wants you to start right away. House Heroes further vets itself by providing a proof of funds bank statement. Or perhaps you’re facing an unplanned life change and need to relocate ASAP. Closing costs: Sellers pay no closing costs; House Heroes charges no fees.

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Purchase and sale agreement Closing costs Closing Investor 80

The Close

DECEMBER 29, 2022

A short-term loan that covers the cost to build a property until the owner can secure long-term financing. After a good look at their finances, a nice long chat with their financial advisers, and an extensive application with a mortgage lender, they might finally have an answer. Construction loan. Contingency. Down payment. Fannie Mae.

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Purchase and sale agreement Title Proof of funds Pre-approval 97

HomeLight

NOVEMBER 23, 2022

If you live on some acreage, Raymond recommends catering to the West Virginia lifestyle many buyers want: “Any time that they’re on over an acre of land, I try to get my own clients — and I would suggest the same to someone selling on their own — to clear as much of the land as possible, because a lot of these people do want gardens and livestock.

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MLS Agents Sales Closing 80

HomeLight

DECEMBER 6, 2022

She explains that people browsing online are prompted to click on links to obtain more information, schedule a showing, or get financing. So your due diligence should include contacting the lender to ask about the type of financing and whether the buyer has the qualifications to be approved for a loan. Require everything in writing.

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Purchase and sale agreement MLS Pre-approval Agents 76

HomeLight

APRIL 26, 2023

The first due diligence you want to do is make sure they have proof of funds ,” Graham recommends. A bank statement will help weed out people who are just looking around and don’t have the qualifications to purchase your house from legitimate buyers who can obtain financing. Require everything in writing. See the next step!)

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MLS Agents Sales Proof of funds 67

HomeLight

SEPTEMBER 30, 2022

Before signing anything, here are key considerations when considering an offer on your Wisconsin home: If you haven’t already, vet potential buyers by requiring a mortgage pre-approval letter or proof of funds. Be wary of Wisconsin “land contract” offers. Require everything in writing. Look for a good real estate attorney.

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Purchase and sale agreement MLS Agents Inspection 77

HomeLight

APRIL 27, 2023

Here are key considerations when considering an offer on your Kentucky home: Vet potential buyers by requiring a mortgage pre-approval letter or proof of funds. Issues arise that can delay the transaction, whether they arise during the appraisal, inspection, buyer financing, final walkthrough, or handing over the property,” Vale says.

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MLS Agents Sales Mortgage pre-approval letter 65

HomeLight

NOVEMBER 21, 2022

Without carefully vetting the buyer, the sale could go up in smoke if you accept an offer from the wrong buyer who can’t obtain financing. Here are key considerations when considering an offer on your South Carolina home: Vet potential buyers by requiring a mortgage pre-approval letter or proof of funds.

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Purchase and sale agreement MLS Pre-approval Agents 75

HomeLight

OCTOBER 20, 2022

Other disclosures (foundation problems, land use, encroachments, zoning or code violations, moisture or water problems, damage from wind, termites, or rodents, etc.). That will help verify the buyer’s financing. Heating and cooling system (central air, furnace, fireplace, propane tank, etc.). Use your gut,” Williams urges.

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MLS Agents Mortgage pre-approval letter Sales 80