Realtor.com

NOVEMBER 28, 2022

” Still, it’s worth noting that some home sellers might be able to justify and absorb the higher interest rates since their home sale will likely bring a windfall of cash. On the other hand, “Selling first lets you know just how much you’ll make on the sale before shopping for your next home,” Hale says.

Marketing 119

Marketing Pre-approval Equity Finance 119

HomeLight

AUGUST 31, 2021

Ever since the 2008-2009 recession, cash offers have become more prevalent, accounting for 33% of sales as of 2021 — that’s up from 20% in 2019. 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.

Due diligence 77

Due diligence Inspection Pre-approval Pre-qualification 77

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 92

Pre-approval Marketing Inspection Finance 92