HomeLight

OCTOBER 1, 2022

Before signing anything, Breeckner says it’s vital to do your due diligence. But that said, he urges FSBO sellers to ensure that prospective buyers have pre-approval and proof of funds. He says asking for pre-approval letters is key. Otherwise, you risk getting burnt.

MLS 111

MLS Pre-approval Agents Sales 111

HomeLight

APRIL 26, 2023

The first due diligence you want to do is make sure they have proof of funds ,” Graham recommends. He suggests calling the lender to find out if they’ve verified the buyer’s funds and employment. Require everything in writing. Remember, you can counter-offer and negotiate. Look for a good real estate attorney.

MLS 97

MLS Agents Sales Proof of funds 97

HomeLight

DECEMBER 6, 2022

Before signing anything, Knipe says to do your due diligence. Here are key considerations when considering an offer on your Oregon home: Vet potential buyers by requiring a mortgage pre-approval letter or proof of funds. You’ve got your first offer — congratulations!

MLS 105

MLS Agents Sales Inspection 105

HomeLight

DECEMBER 8, 2022

Before signing anything, Rodocker says to do your due diligence. Here are key considerations when considering an offer on your Washington State home: Vet potential buyers by requiring a mortgage pre-approval letter or proof of funds. Evaluate offers, negotiate a deal, and make disclosures.

MLS 105

MLS Agents Sales Closing 105

HomeLight

DECEMBER 13, 2022

Here are key considerations when considering an offer on your Virginia home: Vet potential buyers by requiring a mortgage pre-approval letter or proof of funds. You may want a real estate attorney to review the documentation so you know what you’re getting into. Require everything in writing.

Purchase and sale agreement 105

Purchase and sale agreement MLS Agents Sales 105

HomeLight

NOVEMBER 23, 2022

Before signing anything, you’ll need to do your due diligence to evaluate the terms of the offer and assess whether the buyer’s financing looks satisfactory. Require everything in writing.

MLS 104

MLS Agents Sales Closing 104

HomeLight

DECEMBER 6, 2022

She cautions that buyers can get a pre-approval letter online that’s not worth the paper it’s written on. So your due diligence should include contacting the lender to ask about the type of financing and whether the buyer has the qualifications to be approved for a loan. Require everything in writing.

Purchase and sale agreement 103

Purchase and sale agreement MLS Pre-approval Agents 103