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Creative Ways To Win A Bidding War In A Competitive Market

Easy Agent Pro

Are there upcoming developments or infrastructure projects that could impact property values? Setting a Realistic Budget and Obtaining Pre-Approval Before engaging in bidding wars, creating a realistic budget is essential. Once you’ve established a budget, seek pre-approval from a reputable lender.

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Are HUD Homes a Good Deal? How to Tell If the Properties Are a Fit

HomeLight

The name comes from the US Department of Housing and Urban Development (HUD). Buyers with lower credit scores or lower down payments can sometimes get an FHA loan even if they can’t get approved for a conventional loan. HUD-approved housing counseling agencies provide advice on the process and can help you explore financing options.

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The Ultimate 14-Step Guide to Navigating the Mortgage Loan Process

Redfin

This guide will walk you through each phase of the mortgage loan process, from pre-approval to post-closing, with examples to illustrate key points. Step 4: Get pre-approved Submit pre-approval applications: Apply to multiple lenders to get pre-approved.

Loans 69
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7 Creative Strategies to Make Your Offers Stand Out in a Seller’s Market

The Close

The motivation of this first strategy is to gain clarity on the seller’s wants and needs, and also to develop rapport with the listing agent. Make Sure You Have a Proper Approval Letter From a Reputable Lender. Nail the Offer Price & Earnest Money Deposit. CALL the Listing Agent. More on this in strategy six.

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How to Buy a House in San Diego: 14 Steps to Close the Sale

HomeLight

Consider factors such as how long you plan to be in the area, if you have steady employment, and if you have enough money saved for not just the down payment, but for closing costs , maintenance, property taxes, and more. CalHFA works through approved lenders, and buyers apply for the program through their loan officer.

Closing 118
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How to Buy a House in the Bay Area: 14 Steps to Close the Sale

HomeLight

Consider factors such as how long you plan to be in the area, if you have steady employment, and if you have enough money saved for not just the down payment, but for closing costs , maintenance, property taxes, and more. CalHFA works through approved lenders, and buyers apply for the program through their loan officer.

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Find Cash Home Buyers in Houston for a Fast, Simple Sale

HomeLight

More certainty: With a pre-offer walk-through, a cash home buyer can typically provide a firm cash offer that comes with few contingencies, or no contingencies at all. So you won’t be holding your breath until the buyer’s loan approval comes through or be on the hook for needed repairs discovered during the home inspection.

Sales 93