Rochester Real Estate

NOVEMBER 5, 2015

A pre-approval letter must be included, and proof of funds can also help in a seller’s market. The seller might return with a counteroffer based on your offer’s price, contingencies, or other terms. Home Inspection The home inspection will show if this is a property you want to buy.

Purchase and sale agreement 52

Purchase and sale agreement Earnest money deposit Pre-approval Debt-to-income ratio 52

HomeLight

OCTOBER 20, 2022

Home inspection report. Even if you did a pre-inspection, the buyer will almost certainly do a home inspection – particularly if there are any inspection contingencies in the offer or if the lender requires it. A HomeLight survey of top agents revealed that 67% report that staged homes sell for 1% to 10% more.

Purchase and sale agreement 111

Purchase and sale agreement Pre-approval Inspection Title 111

HomeLight

JULY 31, 2021

Harvell also suggests getting concrete proof that the buyer has purchased properties in their name as part of the vetting process. I’m not talking about a ‘proof of funds’ letter — those are easily manipulated,” he says. “If Verification of funds. Inspection period. Step 6: Pass the inspection.

Earnest money deposit 98

Earnest money deposit Inspection Inspection contingency Title 98

HomeLight

MARCH 13, 2023

Reiner advises asking for proof of funds such as a bank statement to ensure the buyer has sufficient resources to close the deal. With a cash home buyer, there are usually no financing or inspection contingencies typically found in traditional real estate contracts. The seller and buyer agree on a price and terms.

Sales 98

Sales Investor Due diligence Renovation 98

HomeLight

MARCH 16, 2023

Ramcharitar advises asking for proof of funds such as a bank statement to ensure the buyer has enough resources to cover the price of the home. With a cash home buyer, there are usually no financing or inspection contingencies typically found in traditional real estate contracts.

Sales 93

Sales Purchase and sale agreement Earnest money deposit Bankruptcy 93

HomeLight

JUNE 29, 2021

Selling to a house flipper is an attractive option if you want to skip repairs and staging, but beware — home flippers turn large profits on houses by buying them for well below their market value. Home inspection contingency. iBuyers , or “instant buyers,” are direct real estate buyers who purchase homes at scale.

Inspection contingency 83

Inspection contingency Proof of funds Inspection Pre-approval 83