HomeLight

DECEMBER 8, 2022

Before signing anything, Rodocker says to do your due diligence. Even agents deal with delayed contracts because of inspection or title issues or other problems. 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.

MLS 105

MLS Agents Sales Closing 105

HomeLight

DECEMBER 6, 2022

Most people who sell by owner will need to hire an attorney to review and prepare key documents and make sure paperwork is filled out properly, such as the seller’s disclosures , standard title insurance, a conveyance deed, and any transfer taxes. Before signing anything, Knipe says to do your due diligence.

MLS 105

MLS Agents Sales Inspection 105

HomeLight

APRIL 26, 2023

The first due diligence you want to do is make sure they have proof of funds ,” Graham recommends. When performing your due diligence, find out whether your buyer is getting a conventional loan or a VA, FHA, or USDA loan with higher standards for the home’s condition. “If Require everything in writing.

MLS 97

MLS Agents Sales Proof of funds 97

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. According to Bommarito, “In West Virginia, we close with attorneys, not title companies.” Require everything in writing. Time to button up that deal.

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