Housing Wire

FEBRUARY 19, 2025

Walk your client through all the pieces of their offer, including price, inspection timelines, closing dates, contingencies and any due diligence or earnest money deposits. Explain how each of these elements can strengthen or weaken their offer through the eyes of a seller.

Closing 231

Closing Earnest money deposit Due diligence Pre-approval 231

Redfin

FEBRUARY 18, 2025

This is a huge advantage for buyers who may not have saved a large sum of money for a down payment. You can finance up to 100% of the appraised value of the home. These loans offer some significant advantages: No down payment: In most cases, you can finance 100% of the home’s purchase price, meaning no down payment is required.

Closing costs 52

Closing costs Closing VA loan Seller concession 52

Realty Biz

MARCH 27, 2022

If you want to give yourself a better chance of having your offer accepted, making it as clean and straightforward as possible will appeal to the seller. Any proposal full of contingencies or seller concessions isn’t going to look as good. Offer a Larger Earnest Money Deposit.

Purchase and sale agreement 117

Purchase and sale agreement Earnest money deposit Seller concession Finance 117

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. Either way, you get to use owner-occupied financing, which means a down payment as low as 3%.

Earnest money deposit 124

Earnest money deposit Hard money loan Seller concession Investor 124

Realty Biz

APRIL 20, 2022

Mortgage Financing Clause. Most home buyers do not have the finances available to buy without a mortgage. So financing is one of the common contingencies in an offer. Your credit score , income, and debt will contribute to the financing that is offered by lenders.

Purchase and sale agreement 104

Purchase and sale agreement Home sale contingency Earnest money deposit Inspection contingency 104

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. Either way, you get to use owner-occupied financing, which means a down payment as low as 3%.

Earnest money deposit 85

Earnest money deposit Hard money loan Seller concession Investor 85

The Close

FEBRUARY 6, 2024

The less your buyers need to finance, the less likely the deal will fall through. They only had to finance a small part of the home loan (less than $100,000) after they offered to pay 80% of the list price in cash. Offer a Sizeable Down Payment Make a big impression by offering a large earnest money deposit (EMD) to hold the contract.

Pre-approval 76

Pre-approval Earnest money deposit Inspection Inspection contingency 76