HomeLight

MAY 25, 2023

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. Or their employment or financial situation might have changed, thus affecting their ability to get a loan.

MLS 93

MLS Pre-approval Agents Sales 93

HomeLight

MAY 1, 2023

Here are key considerations when considering an offer on your Maryland home: Vet potential buyers by requiring a mortgage pre-approval letter or proof of funds. Require everything in writing. Remember, you can counter-offer and negotiate. Look for a good real estate attorney. See the next step!)

MLS 79

MLS Agents Mortgage pre-approval letter Sales 79

HomeLight

OCTOBER 1, 2022

But that said, he urges FSBO sellers to ensure that prospective buyers have pre-approval and proof of funds. He says asking for pre-approval letters is key. “Negotiating a deal is another place where working with an experienced agent is key — there’s really no getting around that,” he says.

MLS 101

MLS Pre-approval Agents Sales 101

HomeLight

NOVEMBER 10, 2022

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. Will [a FSBO seller] know what questions to ask?”. Require everything in writing. Remember you can counter-offer and negotiate. See the next step!).

Purchase and sale agreement 95

Purchase and sale agreement MLS Agents Pre-approval 95

HomeLight

APRIL 13, 2023

He also says sellers should beware of anyone who wants an “owner carry” where the seller actually holds the mortgage. Here are key considerations when considering an offer on your Kansas home: Vet potential buyers by requiring a mortgage pre-approval letter or proof of funds.

MLS 95

MLS Agents Sales Mortgage pre-approval letter 95

HomeLight

APRIL 27, 2023

Here are key considerations when considering an offer on your Kentucky home: Vet potential buyers by requiring a mortgage pre-approval letter or proof of funds. Require everything in writing. Remember, you can counter-offer and negotiate. Look for a good real estate attorney. See the next step!)

MLS 71

MLS Agents Sales Mortgage pre-approval letter 71

HomeLight

NOVEMBER 21, 2022

Here are key considerations when considering an offer on your Louisiana home: Vet potential buyers by requiring a mortgage pre-approval letter or proof of funds. In addition, Johnson explains, “You need to know that the loan is good, or they have the cash in the bank if they’re paying cash.”.

MLS 95

MLS Agents Sales Land 95

HomeLight

OCTOBER 11, 2022

Here are key considerations when considering an offer on your Michigan home: Vet potential buyers by requiring a mortgage pre-approval letter or proof of funds. It’s helpful to have a real estate attorney review the documentation so you know what you’re getting into before you enter into the agreement.”.

Purchase and sale agreement 95

Purchase and sale agreement MLS Agents Sales 95

HomeLight

DECEMBER 6, 2022

Murphy says there are many people who have slowed down their search or taken a break with mortgage rates skyrocketing. “We 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. Share on social media. See the next step!).

Purchase and sale agreement 86

Purchase and sale agreement MLS Pre-approval Agents 86

HomeLight

DECEMBER 6, 2022

Here are key considerations when considering an offer on your Oregon home: Vet potential buyers by requiring a mortgage pre-approval letter or proof of funds. Before signing anything, Knipe says to do your due diligence. There are a lot of scams out there.”. Require everything in writing.

MLS 93

MLS Agents Sales Inspection 93

HomeLight

NOVEMBER 21, 2022

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

Purchase and sale agreement 85

Purchase and sale agreement MLS Pre-approval Agents 85

HomeLight

NOVEMBER 21, 2022

Here are key considerations when considering an offer on your Nebraska home: Vet potential buyers by requiring a mortgage pre-approval letter or proof of funds. You don’t want to lose a buyer because you don’t know all the details in a contract.”. Require everything in writing. See the next step!).

MLS 93

MLS Agents Sales Mortgage pre-approval letter 93

HomeLight

NOVEMBER 23, 2022

To do so, you can ask for a prequalification letter or, Bommarito suggests, “Get with your local lender who is offering mortgages, and just ask your local lender if they would mind qualifying people for you — which they may do, because they may end up getting a loan on it.”. Should you be present for showings? See the next step!).

MLS 91

MLS Agents Sales Closing 91

HomeLight

OCTOBER 14, 2022

Here are key things to think about when considering an offer on your Pennsylvania home: Vet potential buyers by requiring a mortgage pre-approval letter or proof of funds. “An attorney can help sellers put the contract together and educate you on how to handle everything correctly.”. See the next step!).

Purchase and sale agreement 97

Purchase and sale agreement MLS Seller disclosure Agents 97

HomeLight

SEPTEMBER 30, 2022

Before signing anything, here are key considerations when considering an offer on your Wisconsin home: If you haven’t already, vet potential buyers by requiring a mortgage pre-approval letter or proof of funds. Require everything in writing. Remember you can counter-offer and negotiate. See the next step!).

Purchase and sale agreement 88

Purchase and sale agreement MLS Agents Inspection 88

HomeLight

DECEMBER 8, 2022

Here are key considerations when considering an offer on your Washington State home: Vet potential buyers by requiring a mortgage pre-approval letter or proof of funds. People doing this on their own “don’t really know how to keep the transaction together.”. Require everything in writing.

MLS 95

MLS Agents Sales Closing 95

HomeLight

DECEMBER 13, 2022

Here are key considerations when considering an offer on your Virginia home: Vet potential buyers by requiring a mortgage pre-approval letter or proof of funds. You may want a real estate attorney to review the documentation so you know what you’re getting into. Require everything in writing.

Purchase and sale agreement 95

Purchase and sale agreement MLS Agents Sales 95

HomeLight

OCTOBER 14, 2022

Here are key considerations when considering an offer on your Illinois home: Vet potential buyers by requiring a mortgage pre-approval letter or proof of funds. “You always need to be thinking about all these little pieces.”. Require everything in writing. Remember you can counter-offer and negotiate.

MLS 78

MLS Agents Sales Mortgage pre-approval letter 78

HomeLight

OCTOBER 20, 2022

Here are key considerations when considering an offer on your Indiana home: Vet potential buyers by requiring a mortgage pre-approval letter or proof of funds. But, he cautions, don’t violate fair housing rules when evaluating an offer. Don’t discriminate. Be ethical.”. Require everything in writing.

MLS 91

MLS Agents Mortgage pre-approval letter Sales 91