The Close

FEBRUARY 6, 2024

Ensure Your Client Has Loan Pre-approval Many sellers are anxious to get to the closing table quickly, which drives many to cash buyers , even for a lower price. Also, understand the difference between a prequalifying and a pre-approval letter. A seller could just end up choosing one of the offers handed in.

Pre-approval 75

Pre-approval Earnest money deposit Inspection Inspection contingency 75

HomeLight

MARCH 31, 2022

However, be aware that if you get a pre-listing inspection, you will be required to share relevant findings with buyers and how you did or did not address them. A pre-sale inspection also won’t necessarily stop a buyer from procuring their own independent inspection before closing. Get a pre-listing appraisal. Earnest money.

Purchase and sale agreement 111

Purchase and sale agreement Inspection Title Inspection contingency 111

HomeLight

JANUARY 3, 2023

However, be aware that if you get a pre-listing inspection, you will be required to share relevant findings with buyers and how you did or did not address them. Since you won’t be able to access MLS data without a real estate license, you’ll need to look at major home search sites to collect your data. Get a pre-listing appraisal.

Purchase and sale agreement 115

Purchase and sale agreement Inspection Inspection contingency MLS 115

Redfin

AUGUST 3, 2022

Research mortgage options and get pre-approved for a home loan. They’ll also stay in touch with you every step of the way from pre-approval to closing day as well as for the lifetime of the loan.”. “A Once you have selected a lender you want to use and before you start looking at homes, get a mortgage pre-approval.

Pre-approval 76

Pre-approval Purchase and sale agreement Title Debt-to-income ratio 76

CT Homes

SEPTEMBER 29, 2020

If you are using lender financing, the more money down the more likely your loan will be accepted. In addition to down payment on your loan you should consider increasing your Earnest Money Deposit (EMD). This is money that you potentially stand to lose if you back out of the deal without justification.

Earnest money deposit 52

Earnest money deposit Inspection Pre-approval Finance 52

CT Homes

SEPTEMBER 29, 2020

If you are using lender financing, the more money down the more likely your loan will be accepted. In addition to down payment on your loan you should consider increasing your Earnest Money Deposit (EMD). This is money that you potentially stand to lose if you back out of the deal without justification.

Earnest money deposit 52

Earnest money deposit Inspection Pre-approval Finance 52

The Close

DECEMBER 29, 2022

If your clients are concerned about getting approved for a loan, you can remind them that a co-borrower agrees to back the borrower in a mortgage loan. Simply put, this measures the number of days a property is for sale, from the day it is listed on the multiple listing service (MLS) to the day a buyer and seller are under contract.

Purchase and sale agreement 98

Purchase and sale agreement Title Proof of funds Pre-approval 98