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16 Tips to Win a Bidding War on a House

The Close

Ensure Your Client Has Loan Pre-approval Many sellers are anxious to get to the closing table quickly, which drives many to cash buyers , even for a lower price. Also, understand the difference between a prequalifying and a pre-approval letter. That could be a pretty sizable chunk of money from the seller’s profit.

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How to Avoid a Delayed Closing: 7 Common Roadblocks to Be Aware of

Redfin

You’ll want to rethink purchasing that beautiful new couch and hold off on planning those backyard additions before the title has been cleared. Most title companies and attorneys don’t accept personal checks over $500, sometimes less. Clouds on the title. So how can you avoid a delayed closing?

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What Happens After Making an Offer on a House?

Windemere Buying

Getting the home inspected allows you to ask the seller that certain repairs be made, request seller concessions, and renegotiate your offer. Getting pre-approved early on helps to streamline this part of the closing process. The timeline for inspections during the closing process vary state to state.

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Vital Steps to Take When Purchasing Your First Home

Realty Biz

This documentation will be necessary when applying for a mortgage pre-approval. It's advisable to reach out to multiple lenders and obtain pre-approval. Again, local market conditions determine whether you can get any seller concessions. Next, examine your credit score and history.

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What Is the Cost to Sell a House in Chicago?

HomeLight

You can probably expect to run into these common expenses for home sellers in Chicago: Prepping your house for sale. Seller concessions. Pre-listing inspection: $279-$400 , if desired or needed. Seller concessions. Seller concessions are another cost to sell a house in Chicago. Closing costs.

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What to Know About Selling Your Home in Houston, Texas

HomeLight

Pre-listing inspection, if desired or needed: $279 to $400. Possible seller concessions in Houston. Negotiations with a buyer can result in additional indirect costs related to seller concessions or buyer incentives. However, many Houston agents will tell you that a lower price is better than a seller concession.

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What to Know About Selling a House in Austin, Texas

HomeLight

Pre-listing inspection, if desired or needed: $279 to $400. Possible seller concessions in Austin. Negotiations with a buyer can result in additional indirect costs related to seller concessions or buyer incentives. However, many Austin agents will tell you that a lower price is better than a seller concession.