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9 Warning Signs When Selling Your Home

Point2Homes

The Buyer Is Not Pre-approved for a Loan. Although buyers are not required to be pre-approved for a loan in order to buy a house, expecting them to be is perfectly reasonable. As a seller, you will save valuable time when dealing with pre-approved buyers. The Buyer Is Asking for Cashback.

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Wait! Read This Before You Sell Your House for Cash

HomeLight

Ask for proof of funds: You should always obtain documentation that a person or company is who they say they are and actually has the funds and abilities to complete a transaction of this size. Ask for proof of funds and EMD. Request Cash Offer. Lower-maintenance sale. Not totally off the hook for repairs.

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What Does the Process of Selling a House for Cash Look Like?

HomeLight

You should also request proof of funds to confirm that the buyer actually has the available cash to complete the purchase. And Simpson recommends going even a step further to confirm that the proof of funds letter hasn’t been forged: “Make sure you call their bank to verify they have funds and that they’re liquid,” he advises.

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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. Other disclosures (land use, encroachments, zoning or code violations, moisture or water problems, etc.)

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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. Getting the lay of the land in Fremont. But if you want a good amount of land to spread out, look toward Mission Hills. Buyer beware: Common Fremont problems. Getting around in Fremont.

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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. She cautions that buyers can get a pre-approval letter online that’s not worth the paper it’s written on. 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.

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How to Sell a House By Owner in Louisiana: A Pelican State FSBO Guide

HomeLight

A feature of your home that adds value is land. People want land and a home. Johnson says, “A feature of your home that adds value is land. People want land and a home. For example, we know Louisianan buyers place a premium on land. Buyers want more space now to enjoy their home. Require everything in writing.

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