Redfin
JULY 30, 2025
In today’s competitive housing market, it’s not just about the price — it’s about presenting yourself as the most appealing buyer. Get pre-approved for a mortgage and have cash ready One of the biggest signals to sellers that you’re serious is a mortgage pre-approval letter.
Realtor.com
JANUARY 16, 2023
In fact, “I do not look for homes with my buyers until they have a pre-approval letter from their lender. ” What is mortgage pre-approval? ” For that reason, pre-qualification can be done instantly, while it can take up to five days to be pre-approved.
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HomeLight
OCTOBER 20, 2022
Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. Many FSBO sellers will purchase a pre-listing appraisal. A professional appraisal will help determine the listing price based on fair market value.
Point2Homes
JULY 28, 2020
This is paid in good faith to show that the buyer is serious about the transaction and has the funds to proceed, obligating the seller to take the house off the market. Additionally, the buyer will typically be required to deposit a mortgage pre-approval letter as proof that they qualify for an adequate mortgage.
HomeLight
MARCH 13, 2022
Recently, a blazing hot real estate market and steep rise in equity adds extra incentive to maximize profits. We’ll also provide a comprehensive overview on the full process to prep, market, and close on your home without the assistance of a real estate agent. less than agent-marketed sales. As you can see, FSBO is a mixed bag.
Redfin
SEPTEMBER 3, 2022
Pre-approval: A mortgage pre-approval letter from your lender shows sellers that you can qualify for a loan according to a cursory examination of your income and debt. . Often, houses show up on the market that could be a great fit for your criteria, and you may need to drop everything for a showing.
HomeLight
OCTOBER 11, 2022
In recent years, the hot Iowa real estate market and a steep rise in equity added extra incentive to maximize profits. As the market shifts, you may have new concerns about how much you can get for your home and the amount of your net proceeds. In the midwest, we don’t see the appreciation jump as high as in bigger markets.
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