Remove Earnest money deposit Remove Finance Remove Industrial Remove Proof of funds
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11 Homeselling Myths, Debunked

The Close

The real estate industry constantly changes. So, let’s turn up the brightness and shed some light on the real estate industry. If a buyer loves the home but has no way financially to prove that they 1) are serious about a purchase and 2) can finance it, then you’ll need to send them to a lender.

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An Agent Guide to Writing a Home Offer Letter (+ Templates)

The Close

Be transparent about the buyer’s financing situation, ensuring the listing agent and seller will understand all the terms of the offer and what makes your buyer stand out from the competition. Optional: earnest money calculation explanation.] Provide Details of the Offer Provide a comprehensive breakdown of the offer.

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How to Get Cash for Your Home: A Step-by-Step Guide

HomeLight

Here’s a little background on what cash buyers tend to prioritize and look for when they make an offer, according to experts in the real estate and investing industry we spoke with directly. A 10-day closing translates as getting your home sold around five times faster than with a buyer who needs financing in today’s market.

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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

Furthermore, in today’s market, understanding our complex mortgage industry could actually help you close more deals and maybe even save clients money. A short-term loan that covers the cost to build a property until the owner can secure long-term financing. Earnest money deposit. Construction loan.