Housing Wire

FEBRUARY 19, 2025

Secure a mortgage pre-approval As a rule of thumb, its best to have your clients obtain a mortgage pre-approval prior to setting up any searches and conducting property tours. Required documentation Save your clients some time by providing them with a list of the documents theyll need to get pre-approved.

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Closing Earnest money deposit Due diligence Pre-approval 228

HomeLight

OCTOBER 28, 2024

You can check real estate websites or consult with a local agent to get an idea of average days on market and recent sale prices. The software will automatically load listings marked as “Closed” and indicate the selling price. Learn more: Pre Approval vs Pre Qualified vs Underwritten Pre Approval 6.

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Pre-approval Debt-to-income ratio Equity Loans 110

Realty Biz

MARCH 13, 2024

This article explores the key factors home buyers need to know about the Maryland housing market this year. Getting Pre-Approved For A Mortgage In a seller’s market like Maryland, getting pre-approved for a mortgage loan should be one of the first steps for hopeful buyers.

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Pre-approval Marketing Inspection Closing costs 91

HomeLight

MAY 19, 2022

Average days on market for Maryland. These companies can help sellers cash out quickly and many will cover a seller’s closing costs. Consider a pre-listing inspection. A pre-listing home inspection is the same as a standard home inspection except that the seller pays for it before listing their home on the market.

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As-is Inspection Investor Closing costs 119

HomeLight

APRIL 21, 2022

Even if a buyer has been pre-approved by a lender, the loan could still be denied or delayed due to a change in job status, a low home appraisal , or a dozen different reasons. According to a 2021 National Association of Realtors® survey, financing difficulties were responsible for 29% of closing delays and 10% of terminated contracts.

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Inspection contingency Home sale contingency Pre-approval Agents 111

HomeLight

JANUARY 3, 2023

Higher interest rates have been cooling the housing market nationwide, and real estate in Colorado is no exception. Inventory is starting to rise along with the average number of days on market as of September 2022. Average days on market : 46 (November 2022). Get a pre-listing appraisal. Closing costs.

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Purchase and sale agreement Inspection Inspection contingency MLS 115

HomeLight

MARCH 21, 2023

But prices tend to be lower and buyers can often get eager sellers to offer concessions , such as covering closing costs. It’s important to point out that days on market in 2022 were fewer in Q1, so, while inventory is down, buyers are still hungry. Get pre-approved to save time once you find the house you want.

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Agents Pre-approval Closing costs Sales 105