HomeLight

OCTOBER 20, 2022

Many FSBO sellers will purchase a pre-listing appraisal. The buyer’s lender will probably require their own appraisal as part of their loan approval process. Mortgage statement with payoff amount. Pre-inspection. Home inspection report. Stand by for inspection. Purchase agreement.

Purchase and sale agreement 96

Purchase and sale agreement Pre-approval Inspection MLS 96

HomeLight

MAY 25, 2023

Or their employment or financial situation might have changed, thus affecting their ability to get a loan. With our current climate of changing interest rates, that same pre-approval from a month ago may not be valid today for the price of their home,” Richter says.

MLS 79

MLS Pre-approval Agents Sales 79

HomeLight

DECEMBER 6, 2022

Yet after the home inspection, they’ll ask the seller to fix the items even though the price reduction took them into account. So your due diligence should include contacting the lender to ask about the type of financing and whether the buyer has the qualifications to be approved for a loan. Require everything in writing.

Purchase and sale agreement 73

Purchase and sale agreement MLS Pre-approval Agents 73

HomeLight

NOVEMBER 21, 2022

In addition, Johnson explains, “You need to know that the loan is good, or they have the cash in the bank if they’re paying cash.”. Here are key considerations when considering an offer on your Louisiana home: Vet potential buyers by requiring a mortgage pre-approval letter or proof of funds.

MLS 80

MLS Agents Sales Land 80

HomeLight

NOVEMBER 21, 2022

Buyers may get pre-approved for a mortgage at the click of a button on a website, but might not have submitted the documentation. Or their employment or financial situation might have changed, thus affecting their ability to get a loan. Require everything in writing. Remember you can counter-offer and negotiate.

Purchase and sale agreement 72

Purchase and sale agreement MLS Pre-approval Agents 72

HomeLight

APRIL 13, 2023

“Your contract might read a 50-50 split of closing costs, but those don’t include any additional loan costs, which must be covered by the buyer.” He also says sellers should beware of anyone who wants an “owner carry” where the seller actually holds the mortgage. Require everything in writing. “A

MLS 80

MLS Agents Sales Mortgage pre-approval letter 80