Housing Wire

FEBRUARY 19, 2025

This typically includes: Recent pay stubs Last two years tax returns Recent bank statements Proof of any additional income or assets Discuss the budget Once you have the mortgage pre-approval, have an open conversation about your client’s financial situation. How will these factors affect a potential offer?

Closing 372

Closing Due diligence Earnest money deposit Pre-approval 372

HomeLight

AUGUST 30, 2021

Answer your questions about relevant contingencies, earnest money deposits, and closing costs. Your days on market keep creeping up, exceeding the market average. Source: (Clay Banks / Unsplash). Include you in the process of filling out essential sections of forms.

Purchase and sale agreement 105

Purchase and sale agreement Earnest money deposit Agents Staging 105

HomeLight

JANUARY 27, 2021

A lender with a local presence will likely know the ins and outs of your market better than a big bank, and they’ll have local relationships that will make closing your deal easier. Sweeten the pot with earnest money. Like, for example, by offering more earnest money! Title insurance is a must, too.

Closing costs 119

Closing costs Inspection Loans Earnest money deposit 119

The Close

DECEMBER 29, 2022

Days on market (DOM). As a seller’s agent, you’re counting the days a listing is on the market. Simply put, this measures the number of days a property is for sale, from the day it is listed on the multiple listing service (MLS) to the day a buyer and seller are under contract. Earnest money deposit.

Purchase and sale agreement 98

Purchase and sale agreement Title Pre-approval Proof of funds 98