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How to Determine Buyer Readiness—Without Asking “Are You Pre-Approved?

BAM Media

But you’re more likely to be chosen as their listing agent when you’ve done a great job on the purchase side. I’m not a big fan of asking, “ Hey, are you pre-approved ? If they say no, and they’ve been pre-approved with enough cash to put down, great! What if they need cash from the sale?

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Ask Brian: What Happens When a Home Buyer Backs Out of a Signed Purchase Agreement?

Realty Biz

We decided to sell our house as “for sale by owner” to save the agent’s commission. Both the buyer and we signed a generic purchase agreement. I don’t know what is in your generic purchase agreement. I’m assuming that once both of you signed the purchase agreement you stopped trying to find another buyer.

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How Can You Purchase A Tenanted Property And Ensure Vacant Possession?

Toronto Realty Blog

Peter tells John, “I wanted to let you know that I am going to list the condo for sale.” The property is listed for sale and ends up selling after about three weeks. Bob the Buyer is a young man who is purchasing his first home, and is excited to move into the condo in the fall. And what does Bob the Buyer do?

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How Do I Cancel a Home Purchase Offer? Cold Feet

Realty Biz

In my eagerness to buy my first home, I made a full-price offer with the only continency being that my mortgage was approved. In a few short weeks, the market has gotten much softer in this neighborhood and I’m not even sure the house will appraise for my purchase offer. I didn’t even include an inspection contingency.

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Why is our industry still transferring money with paper checks?

Housing Wire

and get a pre-approval for a mortgage from the comfort of your own laptop. Yet, there remains a dark cloud over the general perception of the part of the process that occurs somewhere between the signing of the sales agreement and the exchange of house keys — the mortgage approval and settlement/closing process.

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Vital Information About Buying a House Before Selling My Existing Property

Realty Biz

One popular option is a bridge loan, a short-term loan that allows you to finance the purchase of a new home while you wait for your existing home to sell. What Are Ways to Finance the Purchase? When financing the purchase of a new house while still owning your current one, a few options are available.

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7 best real estate schools in Florida (FL) for 2024

Housing Wire

In Florida, getting licensed as a real estate agent begins with the completion of an approved 63-hour Sales Associate prelicensing course. Final Exam: In order to earn your FREC Approved 63-Hour Real Estate Prelicensing Education Certificate, you need to take and pass a course final exam.