article thumbnail

How Long Does It Take to Get Preapproved for a Mortgage? Here’s Your Ballpark Guide!

HomeLight

When you apply for underwritten preapproval, you’ll also need to submit documentation for the information that you entered in the prequalification stage, and this documentation differs depending on your employment status and the loan type you are applying for. Closing conditions (inspections, appraisal, title search, etc.)

article thumbnail

5 Legit We Buy Houses for Cash Companies in Colorado That Sellers Love

HomeLight

No repairs, no staging, no open houses. Some companies may make a preliminary offer at this stage, but it’s usually subject to change once they’ve inspected your property. To help prove their serious intentions, they are happy to offer proof of funds and provide substantial earnest money. Title search.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Wait! Read This Before You Sell Your House for Cash

HomeLight

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.

article thumbnail

7 of the Top We Buy Houses for Cash Companies in Central Florida

HomeLight

House Heroes also provides sellers with a proof of funds bank statement. Sellers who may be a good fit to work with an iBuyer in Central Florida include those who prefer to skip staging and showing their home, who live in an area with somewhat similar housing, and who have a home in relatively good shape.

article thumbnail

What’s Required to Sell a House Without a Realtor?

HomeLight

Preliminary title report. Doing a title search before you put your home on the market alerts you about any pending taxes, restrictions, or liens on the property that you’ll have to clear before selling. A HomeLight survey of top agents revealed that 67% report that staged homes sell for 1% to 10% more. Photograph it.

article thumbnail

Selling to Florida Cash Home Buyers: Tips from Experts

HomeLight

There are plenty of reasons to have a real estate agent in your corner — visibility in the MLS , help with stagings and showings, assistance with negotiations and contracts, to name just a few — and now you can add sourcing a cash buyer to the list. Before signing an offer, ask for proof of funds.

article thumbnail

How to Sell a House to a Friend So No One Feels Cheated: 11 Do’s and Don’ts

HomeLight

Now you can skip the part where you stage, show, and market the house, which makes you want to do a little happy dance. If your friend plans to pay for your home with all-cash, then you want to have your attorney verify proof of funds. If you ever decide to sell, please let me know.”. Well, that day has come.