HomeLight

OCTOBER 20, 2022

This establishes your ownership, along with details such as purchase price and previous seller disclosures. Many FSBO sellers will purchase a pre-listing appraisal. You can ask for proof of funds and a mortgage pre-approval letter. These are often problems with titling or financing. Original sales contract.

Purchase and sale agreement 101

Purchase and sale agreement Pre-approval Inspection MLS 101

HomeLight

MARCH 13, 2023

You are either replumbing the house, rewiring the house, or putting a new roof on the house prior to closing so that a financed buyer can get insurance. There’s just so much less risk with a cash offer than with a financed offer that it is night and day,” says Spray. Both parties sign a contract and submit it to a title company.

Sales 80

Sales Investor Due diligence Renovation 80

HomeLight

NOVEMBER 14, 2022

What kind of financing will they use? Before signing anything, you’ll need to make sure this buyer is qualified, so that you don’t go under contract with someone who cannot actually afford the home or procure financing. To help, his brokerage has an in-house lender that offers local FSBO sellers the free service of screening buyers.

Purchase and sale agreement 78

Purchase and sale agreement MLS Agents Pre-approval 78