Keeping Current Matters

JUNE 21, 2021

That’s why you should connect with a lender to get pre-approved for a loan early in the homebuying process. An agent can help you consider what levers you can pull that might be enticing to a seller, like: Offering flexible rent-back options to give the seller more time to move out. Know Your Numbers. Bottom Line.

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Inspection contingency Pre-approval Inspection Rent back 267

Redfin

JULY 28, 2020

markets waived the inspection contingency, compared with just 13.2% Winning offers waived the appraisal contingency at a similar rate—20.6%—up The inspection contingency allows the buyer to cancel a purchase or request repairs if they find an issue during the inspection period. In June, 19.9% up from 17.4%

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Inspection contingency Inspection Purchase and sale agreement Pre-approval 59

The Close

FEBRUARY 6, 2024

Ensure Your Client Has Loan Pre-approval Many sellers are anxious to get to the closing table quickly, which drives many to cash buyers , even for a lower price. Also, understand the difference between a prequalifying and a pre-approval letter. In fact, I suggest quite the opposite. What if there’s structural damage?”

Pre-approval 75

Pre-approval Earnest money deposit Inspection Inspection contingency 75

HomeLight

APRIL 29, 2021

The home sale process involves a long list of steps, and your execution of each impacts your final sale price. As with most things in life, preparation is the key to a successful home sale. With 24 years of experience under his belt, Thompson shared a few gems about navigating the home sale journey. Landscaping: 100 %.

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Purchase and sale agreement Pre-approval Inspection Inspection contingency 97

Redfin

FEBRUARY 2, 2021

A seller’s market is when there are more homebuyers in a particular area looking to purchase a home than actual houses listed for sale. 1) Get Pre-Approved for a Home Loan. Furthermore, you’ll receive a pre-approval letter from your lender indicating how much of a mortgage you’ve been approved for.

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Pre-approval Purchase and sale agreement Marketing Inspection contingency 66

Redfin

JULY 30, 2020

In New York City, some sellers aren’t even allowing buyers into their homes until they’ve been pre-approved for a mortgage, according to local Redfin agent Martin Freiman. . They sent a Seattle-based relative to attend an in-person showing and the pre-inspection, submitted an offer at 6:20 p.m.

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Inspection contingency Purchase and sale agreement Pre-approval Inspection 74

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 most obvious contingency with an offer that requires financing is, of course, the financing itself. Updated August 31, 2021. Though you can (and should!) Source: (Mike / Pexels.com).

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Due diligence Inspection Pre-approval Pre-qualification 82