Realtor.com

NOVEMBER 28, 2022

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. That said, you should not feel the need to funnel all your proceeds into an all-cash offer if that makes you uncomfortable or stretches your finances too thin.

Marketing 119

Marketing Pre-approval Equity Finance 119

HomeLight

AUGUST 31, 2021

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!)

Due diligence 79

Due diligence Inspection Pre-approval Pre-qualification 79

HomeLight

MARCH 23, 2022

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.

Pre-approval 97

Pre-approval Marketing Inspection Finance 97