Housing Wire

FEBRUARY 19, 2025

Offers: Outline how making a competitive offer will work, including how price, contingencies, due diligence funds, and earnest money will impact how the seller views an offer. Set the stage: Educate your clients on the market This is your time to shine!

Closing 228

Closing Earnest money deposit Due diligence Pre-approval 228

Realty Biz

MAY 24, 2021

What it doesn’t take is much money. You only need to put a small amount down as an earnest money deposit , and you get that money back either when the deal closes or if you put contingencies in place for it. At this stage in my life I prefer hands-off real estate investing strategies. House Hacking.

Earnest money deposit 124

Earnest money deposit Hard money loan Seller concession Investor 124

Redfin

MARCH 12, 2021

Once the seller’s agent is able to confirm that your earnest money has been deposited into an escrow account, the seller’s agent will mark the listing as a pending sale — in effect taking the property off the market. How much earnest money do you need to offer? Where does the earnest money go? .

Earnest money deposit 76

Earnest money deposit Purchase and sale agreement Due diligence Inspection 76

Realty Biz

NOVEMBER 11, 2020

They will also get their earnest money deposit back , and the home will go back on the market. While it is rarer for a home sale to fall apart because of a buyer not getting financing, it is still something where due diligence is essential. The home could be subject to a few different types of contingency.

Backup offer 111

Backup offer Home sale contingency Sales Earnest money deposit 111

HomeLight

JULY 26, 2022

If the seller is working with a listing agent, their agent will more than likely have already done their due diligence to make sure they are able to sell their home. At this stage, you’ll want to shop around and get preapproved by at least two different lenders to compare interest rates , closing costs , and terms.

Earnest money deposit 115

Earnest money deposit Purchase and sale agreement Title Inspection 115

Realty Biz

SEPTEMBER 4, 2023

What it doesn’t take is much money. You only need to put a small amount down as an earnest money deposit, and you get that money back either when the deal closes or if you put contingencies in place for it. At this stage in my life I prefer hands-off real estate investing strategies.

Earnest money deposit 85

Earnest money deposit Hard money loan Seller concession Investor 85

HomeLight

SEPTEMBER 1, 2022

At this stage, you should get preapproved rather than prequalified. It’s important to do your due diligence when deciding what agent to hire. Send your earnest money deposit. In a competitive market, a higher earnest money offer can be more attractive to sellers and give your offer an edge.

Earnest money deposit 115

Earnest money deposit VA loan Loans FHA loan 115