HomeLight

JANUARY 5, 2022

Now you can skip the part where you stage, show, and market the house, which makes you want to do a little happy dance. They help clients save money by representing both sides and a pre-arranged discount.”. Don’t: Be lenient on the pre-approval step. If you ever decide to sell, please let me know.”.

Pre-approval 109

Pre-approval Purchase and sale agreement Title search Title 109

HomeLight

OCTOBER 20, 2022

Many FSBO sellers will purchase a pre-listing appraisal. The buyer’s lender will probably require their own appraisal as part of their loan approval process. Preliminary title report. Pre-inspection. A HomeLight survey of top agents revealed that 67% report that staged homes sell for 1% to 10% more. Photograph it.

Purchase and sale agreement 108

Purchase and sale agreement Pre-approval Inspection MLS 108

HomeLight

AUGUST 31, 2021

Translating that to real estate terms, selling a house for cash goes something like this: Request an offer: You skip the staging and showing process and go straight to requesting an offer. Ask for proof of funds and EMD. You don’t want to disrupt your life with house prep, staging, and showings. Request Cash Offer.

Proof of funds 144

Proof of funds Investor Due diligence Closing 144

HomeLight

SEPTEMBER 16, 2021

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.

Title 104

Title Inspection Proof of funds Investor 104

HomeLight

MARCH 13, 2023

More certainty: With a pre-offer walk-through, a cash home buyer can generally provide a firm cash offer that comes with few contingencies, or no contingencies at all. You don’t need the added stress of waiting for the buyer’s mortgage approval or a home inspection turning up any unpleasant surprises.

Sales 93

Sales Investor Due diligence Renovation 93

HomeLight

NOVEMBER 21, 2022

Stage the home with final touches like fresh-cut flowers or a basket of fresh produce. This is a critical stage because buyers become motivated to put in offers when visualizing themselves living there. Buyers may get pre-approved for a mortgage at the click of a button on a website, but might not have submitted the documentation.

Purchase and sale agreement 89

Purchase and sale agreement MLS Pre-approval Agents 89

HomeLight

MARCH 16, 2023

More certainty: With a pre-offer walk-through, a cash home buyer can typically provide a firm cash offer that comes with few contingencies, or no contingencies at all. Home-buying companies generally pick up the remainder of closing costs that total about 8% including title search and title insurance.

Sales 77

Sales Purchase and sale agreement Earnest money deposit Investor 77