RIS Media

OCTOBER 22, 2020

Your client should also come prepared with a few other things: a pre-approval letter, earnest money deposit and, if they are paying cash, a proof of funds document. Bolin suggests that the higher earnest money deposit your client makes, the more the offer may stand out.

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Earnest money deposit Pre-approval Marketing Proof of funds 127

CT Homes

MAY 29, 2020

Below are just some of the markers that you should keep in mind when working with a cash buyer on the sale of your home. The earnest money deposit should be substantial and submitted to escrow within 72 hours of offer acceptance or sooner. Strong Offer Terms.

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Proof of funds Earnest money deposit Due diligence Investor 101

The Residential Specialist

FEBRUARY 27, 2024

Real estate is no exception; high-dollar sales mean creative con artists bring their A-game. Be aware It’s hard, especially when you are hungry to make a sale, to remember that things that sound too good to be true are usually just that. She also personally experienced an attempt to pull a bait-and-switch with deposits.

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Earnest money deposit Proof of funds Due diligence Title 98

HomeLight

SEPTEMBER 30, 2020

The HUD Home bid package includes a sales contract , an addendum regarding lead-based paints, an earnest money deposit of 5% through cash, cashier’s check, money order, or letter of credit, and a forfeiture of earnest money deposits document. Next, explore financing options.

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Earnest money deposit FHA loan Pre-approval Finance 98

HomeLight

MARCH 16, 2023

Do you need to connect with cash home buyers in Houston for a fast sale? Perhaps you’re relocating for your dream job in two weeks, but you don’t have the time or money to replace the roof on your University Place ranch that has sprung a leak. Need to Sell Your House Fast in Houston? No showings, no repairs, no open houses.

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Sales Purchase and sale agreement Earnest money deposit Investor 93

CT Homes

OCTOBER 30, 2020

If you are not experienced in sales it is easy to get tempted into moving forward with the first offer that comes your way. If they are offering cash make sure they submit an updated proof of funds letter. Sales contracts are different in every state. Earnest Money Deposit.

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Earnest money deposit Inspection Proof of funds Due diligence 78

HomeLight

JULY 31, 2021

Reports from the National Association of Realtors show that nearly a quarter of existing home sales were made with all-cash in the spring of 2021 — but how do you go about finding your cash buyer? Our guide aims to address the urgency of needing cash with the level of thought and care that a sale of this weight requires. Good bones.

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Earnest money deposit Inspection Inspection contingency Title 98