Marco Santarelli

APRIL 27, 2025

Now, imagine you have the resources to just walk in, pick your spot, and pay for it right there and then, without needing a loan. The financed offer comes with contingencies (like getting the loan approved, the house appraising high enough). Cash Buyer: No loan needed, appraisal often optional (though still wise!),

Finance 52

Finance Loans Inspection Closing 52

HomeLight

JULY 31, 2021

Although it’s not as sure of a bet, you could also attract a regular residential buyer who has enough liquid assets to buy a house outright. According to the latest data from Ellie Mae, the purchase loans are taking an average of 50 days to close as of May 2021. Verification of funds. Be careful of signing with a wholesaler.

Earnest money deposit 98

Earnest money deposit Inspection Inspection contingency Title 98

Realty Biz

SEPTEMBER 28, 2022

Most states mandate that homeowners fill out a residential disclosure form which includes specific disclosures about the roof. That could decrease the loan amount the homeowners can take out to buy the residence. We’ll now discuss how to market to as-is residential property owners. Lenders view all of the appraisals.

Purchase and sale agreement 75

Purchase and sale agreement Inspection Investor Closing costs 75

HomeLight

NOVEMBER 23, 2022

You may also want to learn what issues appraisers for government-backed loans will flag and which could delay closing (for example, lack of GFCI outlets) and take care of those things ahead of time. “We You know, paint is relatively inexpensive. But just gray and white could, in this area, make a huge return.”. Require everything in writing.

MLS 104

MLS Agents Sales Closing 104

HomeLight

APRIL 26, 2023

The first due diligence you want to do is make sure they have proof of funds ,” Graham recommends. You don’t want to find out two days before closing that the loan didn’t come through and the deal falls apart after you’ve already moved out of your house. Require everything in writing.

MLS 97

MLS Agents Sales Proof of funds 97

HomeLight

MAY 25, 2023

Or their employment or financial situation might have changed, thus affecting their ability to get a loan. Here are key considerations when considering an offer on your North Carolina home: Vet potential buyers by requiring a mortgage pre-approval letter or proof of funds. Require everything in writing.

MLS 105

MLS Pre-approval Agents Sales 105

HomeLight

NOVEMBER 21, 2022

Or their employment or financial situation might have changed, thus affecting their ability to get a loan. Here are key considerations when considering an offer on your South Carolina home: Vet potential buyers by requiring a mortgage pre-approval letter or proof of funds. Require everything in writing. What will you be asked?

Purchase and sale agreement 102

Purchase and sale agreement MLS Pre-approval Agents 102