As-is Earnest money deposit Proof of funds 
RIS Media
OCTOBER 22, 2020
As the real estate market continues its hot streak, homes are selling faster and receiving more offers than ever before. With listings receiving multiple offers, you have to make your client’s offer be the one that stands out. Finding Homes for Your Clients. Do not write an offer on a home that your client is not interested in.
CT Homes
MAY 29, 2020
The earnest money deposit should be substantial and submitted to escrow within 72 hours of offer acceptance or sooner. One of the basic items investors should provide when submitting an offer is a proof of funds letter. It’s also extremely important to note what kind of an account the funds are coming from.
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HomeLight
SEPTEMBER 30, 2020
The HUD Home bid package includes a sales contract , an addendum regarding lead-based paints, an earnest money deposit of 5% through cash, cashier’s check, money order, or letter of credit, and a forfeiture of earnest money deposits document. How does bidding work? Source: (Flipboard / Unsplash).
The Residential Specialist
FEBRUARY 27, 2024
One growing form of fraud, according to Veach, involves people posing as potential buyers with the intent to steal confidential banking information during money transfers. She also personally experienced an attempt to pull a bait-and-switch with deposits. They’re contacting you through WhatsApp, or they message or text you,” she says.
CT Homes
OCTOBER 30, 2020
Not only can you control the transaction but you can save money on commission, putting more money in your pocket. Remember: accepting an offer that doesn’t end up closing not only wastes your time, and potentially money, but deters you from negotiating with real buyers who are legitimately qualified.
HomeLight
JULY 31, 2021
The bills are stacking up or perhaps you lost some income recently, and the money tied up in your home would help a ton at a time like this. turn four walls and a roof into money in the bank, without the need for inconvenient showings, nail-biting appraisals , or a 50-day closing. What you have is a house. What you need is cash.
Realtor.com
APRIL 30, 2021
To afford the $650,000 home, Leonard opted to use his cryptocurrency investments to cover a down payment and as proof of funds for the mortgage he took out to buy the home — he opted for a mortgage, rather than buying the home outright, because of the low interest-rate environment. But then his ideal home came on the market.
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