The Residential Specialist

FEBRUARY 27, 2024

Real estate is no exception; high-dollar sales mean creative con artists bring their A-game. Be aware It’s hard, especially when you are hungry to make a sale, to remember that things that sound too good to be true are usually just that. It is better to lose a sale than to be defrauded. Everything looked completely legitimate.

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Earnest money deposit Proof of funds Due diligence Title 98

HomeLight

NOVEMBER 1, 2021

If you’re selling your home in a hot market rampant with bidding wars that drive up the purchase offers on home sales, you may realize that your home is unlikely to appraise for the inflated purchase offer or even for your asking price. An inventory shortage — there are fewer homes for sale than there are home buyers, creating bidding wars.

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Purchase and sale agreement Proof of funds Backup offer Finance 98

RIS Media

JANUARY 14, 2022

At press time, that number set a record as the most expensive sale in the history of Miami real estate. She credits her Managing Broker, Odalys “Ody” Sierra, and the strategic luxury marketing approach of BHHS for making the sale happen. We recently had the opportunity to discuss this historic sale with Sierra.

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Purchase and sale agreement Marketing Proof of funds MLS 98

HomeLight

APRIL 5, 2024

If you’re a homeowner in Oklahoma seeking a fast sale without the burden of listing on the open market, connecting with a cash buyer could be the stress-free solution you’re looking for. In this guide, we’ll explain how to find and sell to Oklahoma cash home buyers and walk you through the entire cash sale process, step-by-step.

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Proof of funds Sales Due diligence Investor 100

Dwell Real Estate

JANUARY 30, 2020

When an offer is submitted, seller's prefer to see proof of funds and/or a pre-qualification letter to be sure they are dealing with a qualified buyer. Submitting the proof of funds or pre-qualification letter with the offer makes you a stronger buyer in the eyes of the seller.

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Pre-qualification Proof of funds Earnest money deposit Inspection 52

Lab Coat Agents

MARCH 4, 2022

See attached chart: Note that the last 2 years have seen the highest number of sales EVER in these 6 counties in the GSMLS – scratching my head and wondering why anyone is saying there are no houses to sell? No appraisal (provide a full appraisal floor with proof of funds). But what if you CAN win?

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RIS Media

OCTOBER 22, 2020

Your client should also come prepared with a few other things: a pre-approval letter, earnest money deposit and, if they are paying cash, a proof of funds document. Joe Sesso is director of Sales and national speaker for Homes.com. You want your offer to stand out with the highest and the best you can offer.

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Earnest money deposit Pre-approval Marketing Proof of funds 125

Point2Homes

SEPTEMBER 30, 2021

Real estate transactions often feature contingency clauses that allow both parties to back out of the sale under the circumstances stipulated in the contract. One common type you’ll encounter is a sale and settlement contingency. It’s used by buyers who already have a home they’re looking to sell to finance buying another one.

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Pre-approval Proof of funds Inspection contingency Due diligence 98

HomeLight

JUNE 29, 2021

Your sale is more likely to close and close faster with a cash offer than with an offer that hinges on a mortgage approval. While all-cash offers used to be relatively rare, they now make up 25% of all home sales. A cash offer may come from a homebuyer with liquid funds who wants an edge over the competition.

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Inspection contingency Proof of funds Inspection Pre-approval 59

HomeLight

OCTOBER 30, 2020

As a bonus, many of these investors or flippers are more likely to offer all cash for the property , further waiving contingencies like sales or financing. You can also get instant access to hundreds of potential real estate buyers through HomeLight’s Simple Sale platform , the largest buyer network in the U.S. A lower price.

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HomeLight

JULY 31, 2020

You won’t literally be paying in hundred-dollar bills, but with an all-cash offer, you must have the funds to purchase the home available in a liquid account , meaning an account that allows immediate withdrawals and transfers. To be clear, an all-cash offer means you won’t be getting a mortgage loan for any portion of the sale.

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Purchase and sale agreement Inspection contingency Proof of funds Finance 98

HomeLight

SEPTEMBER 9, 2020

Once you’ve figured out where the money is coming from, it will be easier to take the next step: getting proof that you have the cash. Obtain proof of funds from the bank. Providing a proof-of-funds letter is more secure than forking over a bank statement, which contains sensitive information. Find your house.

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Inspection contingency Proof of funds Inspection Title 107

The Close

FEBRUARY 14, 2024

Home sale preparation is done like a dealership preps the cars for the lot. Preparing Your Home for Sale Myth #4: Your Home Should Reflect Your Personality Sellers, especially those who have lived in their home for decades, are attached. Sellers will ask, What are you doing to sell my home? Be prepared to answer this question.

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Pre-approval Earnest money deposit MLS Renovation 98

CT Homes

OCTOBER 30, 2020

If you are not experienced in sales it is easy to get tempted into moving forward with the first offer that comes your way. If they are offering cash make sure they submit an updated proof of funds letter. Sales contracts are different in every state. The first step in selling on your own is finding the right buyer.

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Earnest money deposit Inspection Proof of funds Due diligence 78

HomeLight

FEBRUARY 28, 2022

Whatever the case, a We Buy Houses for Cash company could be the best solution if you’re looking for a quick and easy sale. HomeLight’s Simple Sale platform provides full cash offers for homes in almost any condition nationwide and in Colorado. Simple Sale. Reviews: Simple Sale is a HomeLight platform, and HomeLight has 4.6

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Closing costs Closing Sales Staging 84

Redfin

JULY 30, 2021

For any home seller, the reasons you’re listing your home for sale depend on your needs. And choosing the right way to sell is critical to have the easiest home sale possible. There are a few differences to consider when you sell your house for cash, compared to a traditional sale. As with any home sale, there’s a risk of fraud.

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Proof of funds Equity Finance Investor 62

Realty Biz

SEPTEMBER 28, 2022

If a seller wants to sell their house for the top dollar, they may want to consider fixing their home before putting it on sale. Fewer Hiccups Than In A Traditional Sale. Experienced Have a track record Have proof of funds. After repairing your roof, you can start marketing your house for sale.

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Purchase and sale agreement Inspection Investor Closing costs 76

HomeLight

APRIL 14, 2023

Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. They usually present a take-it-or-leave-it sale price. If you accept the offer, you’ll both sign a sales contract. With a signed sales agreement, the closing process will begin.

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Purchase and sale agreement Closing costs Closing Sales 91

HomeLight

MARCH 13, 2023

Whatever your reason for needing a quick sale without making a substantial investment, the Orlando real estate market is teeming with cash buyers ready to make a deal no matter your home’s condition. Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready.

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Sales Investor Due diligence Renovation 87

Kyle Handy

MAY 3, 2023

Documentation: Ensure that all necessary documents, such as pre-approval letters and proof of funds, are in order. Consider setting goals for various aspects of your business, such as sales volume, new client acquisition, and customer satisfaction. Would You Like To Partner With Me? I would love the opportunity to work with you.

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Development Design Industrial Agents 68

HomeLight

MARCH 13, 2023

Do you need to connect with cash home buyers in Austin for a fast sale? With so many people relocating to the Texas state capitol, there’s a need for housing – and there are plenty of cash home buyers in Austin to help sellers who need a quick sale. So can neighborhood-specific comparable sales (called “ comps ”) that are low.

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Sales Investor House Flipping Pre-approval 75

HomeLight

AUGUST 31, 2021

A divorce, job move, or low bank account can all be strong motivators to go for the speed and convenience of a cash sale. Ask for proof of funds: You should always obtain documentation that a person or company is who they say they are and actually has the funds and abilities to complete a transaction of this size.

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Proof of funds Investor Due diligence Closing 144

HomeLight

JUNE 7, 2022

Go with the turn time that the lender states and then add an extra day to it, just to be safe,” says Richie Helali, a mortgage sales leader with HomeLight Home Loans who gave us the inside scoop on how long a mortgage preapproval really takes. Ultimately, preapproval depends on your lender’s time table and the documents you need to gather. “Go

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Mortgages Loans Lending Proof of funds 102

HomeLight

JUNE 14, 2023

Escalation clauses essentially cut to the chase in a bidding war and help speed up the sales process. Appraisal gap: You may face an appraisal gap if the final sale price is higher than the appraised value, potentially leading to financing difficulties. But they are not without risk.

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Finance Agents Proof of funds As-is 74

HomeLight

JUNE 19, 2023

Get Started Step 1: Find the land for sale You won’t always be lucky enough to drive past a plot of land that’s the perfect investment opportunity for you. LandWatch is a free online resource you can use to search for rural properties and land for sale. First, the seller is likely to want to see proof of funds.

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Land Proof of funds Purchase and sale agreement Title 109

HomeLight

AUGUST 24, 2022

Looking to connect with a Florida cash home buyer for a quick sale in the Sunshine State? HomeLight’s Simple Sale platform provides all-cash offers, giving clients a fast, stress-free home selling experience without having to worry about additional repairs or prep work and with no additional fees, commissions, or upfront costs.

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Purchase and sale agreement Title search Proof of funds Title 108

HomeLight

JUNE 28, 2022

With the amount of money involved in a home sale, is it any wonder? In this article, we’ll walk you through the most common home buying scams, their warning signs, and how to make sure the money from your home sale stays in your pocket. Wire transfer scams could send your money to the wrong account, never to be seen again. Find Agent.

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Proof of funds Investor Title Agents 94

HomeLight

MARCH 16, 2023

Do you need to connect with cash home buyers in Houston for a fast sale? Whatever your reason for needing a quick sale without making expensive repairs, Houston is teeming with cash home buyers ready to make you an offer no matter your home’s condition. Need to Sell Your House Fast in Houston? No showings, no repairs, no open houses.

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Sales Purchase and sale agreement Earnest money deposit Investor 70

HomeLight

SEPTEMBER 16, 2021

Handle any unique requirements of the sale. Below are some of the most common and effective ways to find one: Use Simple Sale. HomeLight’s Simple Sale platform makes it easy and safe to get a competitive cash offer in a matter of days. Find a cash buyer and request an offer. Evaluate the price and terms of your offer.

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Title Inspection Proof of funds Investor 103

HomeLight

OCTOBER 20, 2022

For Sale By Owner (FSBO). Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. Original sales contract. Contact your lender to get this document to help calculate net proceeds from the sale of your home.

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Purchase and sale agreement Pre-approval Inspection MLS 106

RIS Media

FEBRUARY 14, 2022

She also explained how a listing like this differs from a typical home sale and offered advice to agents looking to break into the luxury real estate market. The buyer’s agents should really be doing proper vetting and making sure they have proof of funds so you’re not wasting everyone’s time by doing a showing.

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Proof of funds Marketing Agents As-is 98

HomeLight

FEBRUARY 3, 2022

No strangers traipsing through your home office, no lengthy or expensive roof repairs holding up the sale. This eliminates the processing of a buyer’s loan and home appraisal, which are typically the two most time-consuming steps in the home sale process. Estate sales. It also reduces the likelihood of contract delays.

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Pre-approval Staging Agents Proof of funds 102

HomeLight

JANUARY 5, 2022

Find an Agent to Coordinate a Sale Among Friends. Not all states require you to hire a real estate attorney to buy or sell real estate, but it’s almost always advisable to get legal representation in a sale among parties with a pre-existing relationship. HomeLight can help connect you with an agent who is qualified to help.

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HomeLight

FEBRUARY 16, 2023

Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. They usually present a take-it-or-leave-it sale price. If you accept the offer, you’ll both sign a sales contract. With a signed sales agreement, the closing process will begin.

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Purchase and sale agreement Closing costs Closing Investor 88

HomeLight

OCTOBER 11, 2022

When the time comes to move, some tenacious homeowners in Iowa are eager to take over the reins of their home sale and figure out how to sell a house by owner. With millions of homes sold each year, a modest portion of sellers — about 7%-8% , historically — choose to list “For Sale By Owner” or FSBO (pronounced fizz-bow). Get Estimate.

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MLS Purchase and sale agreement Pre-approval Agents 103

HomeLight

JULY 31, 2021

Reports from the National Association of Realtors show that nearly a quarter of existing home sales were made with all-cash in the spring of 2021 — but how do you go about finding your cash buyer? Our guide aims to address the urgency of needing cash with the level of thought and care that a sale of this weight requires. Good bones.

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Earnest money deposit Inspection Proof of funds Inspection contingency 98

HomeLight

DECEMBER 14, 2021

Avoid prep work, staging, and the hassle of showings and go straight to getting a cash offer from HomeLight’s Simple Sale platform. HomeLight offers iBuying services through our Simple Sale platform. If you’d prefer not to market your home, try requesting a cash offer from Simple Sale. Request Offer. Because the U.S.

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Staging Agents Proof of funds Pre-approval 85