Remove Industrial Remove Mortgage pre-approval letter Remove Pre-approval
article thumbnail

What’s Required to Sell a House Without a Realtor?

HomeLight

Many FSBO sellers will purchase a pre-listing appraisal. The buyer’s lender will probably require their own appraisal as part of their loan approval process. Mortgage statement with payoff amount. Pre-inspection. You can ask for proof of funds and a mortgage pre-approval letter.

article thumbnail

How to Sell a House By Owner in Iowa: A Hawkeye State FSBO Guide

HomeLight

To protect your home, yourself, and your family, have a pre-approval process that includes: Requiring the buyer’s identification. Requiring the buyer’s pre-approval letter or proof of funds. This is standard industry practice among agents. Running a background or credit check. We get attacked.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Sell a House By Owner in North Carolina

HomeLight

This is standard industry practice among agents. Sellers should also keep in mind that while buyers can often get pre-approved for a mortgage at the click of a button on a website, they may not have submitted the documentation to guarantee that approval. Should you be present for showings? See the next step!)

MLS 105
article thumbnail

How to Sell a House By Owner in Ohio: A Buckeye State FSBO Guide

HomeLight

If you choose to invest in a pre-listing appraisal, consider the differences and similarities of comps with the appraised value of your home to choose a price that will encourage activity (too high and it may seem out of reach to many buyers) but will also maximize your profit. This is standard industry practice among agents.

MLS 111
article thumbnail

How to Sell a House by Owner in New Jersey

HomeLight

Murphy says some New Jersey towns offer full-day pre-K. This is standard industry practice among agents. She cautions that buyers can get a pre-approval letter online that’s not worth the paper it’s written on. Additions/remodels (structural changes, alterations, permits, and approvals). See the next step!).

article thumbnail

How to Sell a House By Owner: 2022 FSBO Guide

HomeLight

This is standard industry practice among agents. Before signing anything, here are key considerations: Vet potential buyers by requiring a mortgage pre-approval letter or proof of funds. Should you be present for showings? With unrepresented buyers, plan to be on the property for the showing. See the next step!).

MLS 105
article thumbnail

How to Sell a House by Owner in South Carolina: A FSBO Guide

HomeLight

This is standard industry practice among agents. Buyers may get pre-approved for a mortgage at the click of a button on a website, but might not have submitted the documentation. Have the pre-inspection done so that you can be ahead of any potential issues,” Richter suggests. Should you be present for showings?