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51 Brilliant Real Estate Tips for Buyers to Edge Past the Competition

HomeLight

A great agent also has relationships across the industry. So understand that unless you’ve been earning 1099 income for more than two years, it may not help you qualify for a home loan. Some loans, like VA or USDA loans, even allow you to put 0% down. and 1% of your loan amount, annually.

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How to Sell a House by Owner in Colorado

HomeLight

Buyers may ask for the offer to be contingent on other factors, such as the sale of their existing home or their ability to obtain financing. Earnest money. The earnest money deposit is typically a small amount of money that goes into an escrow account to show that the buyer is serious. Closing date.

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How to Sell a House by Owner in Florida (2022 Updates)

HomeLight

Buyers may ask for the offer to be contingent on other factors, such as the sale of their existing home or their ability to obtain financing. Earnest money. The earnest money deposit is typically a small amount of money that goes into an escrow account to show that the buyer is serious. Closing date.

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How to Sell a House by Owner in California (2023 Updates)

HomeLight

Buyers may ask for the offer to be contingent on other factors, such as the sale of their existing home or their ability to obtain financing. Earnest money. The earnest money deposit is typically a small amount of money that goes into an escrow account to show that the buyer is serious. Closing date.

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How to Sell a House by Owner in Arizona (2022 Updates)

HomeLight

Buyers may ask for the offer to be contingent on other factors, such as the sale of their existing home or their ability to obtain financing. Earnest money. The earnest money deposit is typically a small amount of money that goes into an escrow account to show that the buyer is serious. Closing date.

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Think The Cash Closing Process Is Always Fast? 11 Delays Buyers Should Watch Out For

HomeLight

Maybe you aren’t using a loan, but you can still run into cash flow issues. You were planning to take money out of the account to cover your cash purchase. Real estate contract contingencies are commonly associated with getting a mortgage, as lenders tend to do their due diligence on a property before they’ll put up the money for it.

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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. According to the latest data from Ellie Mae, the purchase loans are taking an average of 50 days to close as of May 2021. Earnest money deposit.