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Tempted by a Cash Offer for Your Home? Dissect It With This Guide

HomeLight

Your sale is more likely to close and close faster with a cash offer than with an offer that hinges on a mortgage approval. A cash offer is an offer made by a homebuyer who wants to purchase a piece of residential real estate without borrowing money from a lender. This means that the buyer has the funds to purchase the home in full.

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How to Sell a House By Owner in North Carolina

HomeLight

Sellers should also keep in mind that while buyers can often get pre-approved for a mortgage at the click of a button on a website, they may not have submitted the documentation to guarantee that approval. You also don’t want to make the common FSBO mistake of letting home inspection issues delay or even kill a deal.

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How to Sell a House by Owner in New Jersey

HomeLight

Murphy says some New Jersey towns offer full-day pre-K. Yet after the home inspection, they’ll ask the seller to fix the items even though the price reduction took them into account. She cautions that buyers can get a pre-approval letter online that’s not worth the paper it’s written on. List your home online.

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How to Buy a House in Fremont: The Ins and Outs Needed to Beat the Competition

HomeLight

To confront that, Causey says most sellers conduct a pre-sale inspection and put together a disclosure package to give to potential buyers. Your home inspection will cover the major issues your potential new home has, and it’s comprehensive (don’t be frightened if it’s 40 or even 50 pages long). Getting around in Fremont.

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How to Sell a House by Owner in South Carolina: A FSBO Guide

HomeLight

Buyers may get pre-approved for a mortgage at the click of a button on a website, but might not have submitted the documentation. 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 adds. Require everything in writing.

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How to Sell a House By Owner in Chicago: A Windy City FSBO Guide

HomeLight

Lalez suggests getting a pre-listing inspection. I check the buyer’s pre-approval by calling the lender. Here are key considerations when considering an offer on your Chicago home: Vet potential buyers by requiring a mortgage pre-approval letter or proof of funds. Realtors® are more critical.”.

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How to Sell a House By Owner in Oregon: A Beaver State FSBO Guide

HomeLight

Oregon sellers (or their agents) need to know how to handle property disclosures, earnest money, inspections, and more. Invest in an appraisal or inspection. Knipe finds appraisals aren’t as important as inspections. Two big reasons for ‘sale fails’ are inspections and financing,” Knipe adds. Make sense of the research.

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