Pre-approval, Rent back and Short sale - Residential Realty Today

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Pre-approval

Rent back

Short sale

Do I Accept the First Offer on My House, or Wait and See?

HomeLight

APRIL 21, 2022

Cash vs. financing : Cash offers usually result in a faster sale than mortgage-backed offers; if speed is an important aspect of the sale, this could make a significant difference. One solution might be a rent-back that would financially compensate a patient buyer if the seller needs more time to transition after the sale.

Inspection contingency

Inspection contingency Home sale contingency Pre-approval Agents

Buying a House Online? How to Get it Done in 15 Steps

HomeLight

NOVEMBER 10, 2021

After you submit your documentation, you’ll know what kind of budget you have to work with, or your approval “ceiling.”. They’ll know whether offering a rent-back period could sweeten the deal, or if it’s more common to pay seller closing costs. If it does come in lower, the lender won’t approve the mortgage.

Inspection

Inspection Title Agents Pre-approval

Do I Accept the First Offer on My House, or Wait and See?

Buying a House Online? How to Get it Done in 15 Steps

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