MLS Mortgages Pre-approval Seller concession 
Housing Wire
NOVEMBER 20, 2023
Savvy sellers are consumers who will choose to have a seller agent complete a basic MLS listing, then take the process into their own hands by fielding orders directly from buyers rather than give 3% to have offers brought to them. If this is to happen, buyer agents and mortgage companies will be forced to adapt.
The Close
FEBRUARY 20, 2024
I know it’s hard to imagine, but consider putting in your buyer’s specific criteria (three bedrooms, a detached garage, and pool) and the MLS returning over a dozen listings in a neighborhood. This means you’ve got a pre-approval in hand and that you understand the importance of being flexible. That’s the price of a new car!
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HomeLight
SEPTEMBER 30, 2021
If you’re financing your purchase with a mortgage loan, your new property most likely needs to undergo an appraisal to complete the transaction process. Lenders will almost always require an appraisal to be done by an independent third party if you’re getting a mortgage loan. Option 5: Pay more for the house. What is an appraisal?
The Close
FEBRUARY 6, 2024
That may sound like a lot to add, but when your buyers roll it into their mortgage, it should not change their monthly payment so much that it prevents them from qualifying for their loan. Also, understand the difference between a prequalifying and a pre-approval letter.
Realty Biz
JANUARY 19, 2024
Interviewing and selecting a buyer's agent and choosing a mortgage lender and real estate attorney are vital steps. From preparing your finances and exploring mortgage options to calculating your budget, these steps set you on the right path toward finding your dream home. Let's get started on your path to homeownership.
HomeLight
MAY 25, 2023
Sellers should also consider things like whether or not their HOA will allow yard signs (many don’t!) or if they can put their house on the multiple listing service (MLS). Not having agent representation could also lead to paying more in seller concessions. When you list in the MLS, you must include a buyer’s commission.
HomeLight
OCTOBER 11, 2022
Not having agent representation could also lead to paying more in seller concessions. To give your home the most exposure, pay to have your home put on your local MLS ( multiple listing service ) -– a platform agents use to share properties with one another as well as major real estate sites. Not willing to pay for the MLS?
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