HomeLight

AUGUST 31, 2021

submit your purchase offer with a pre-qualification or preapproval letter from a lender, these funds aren’t a sure thing until the loan is fully approved. Unless you’re buying for investment purposes and planning to completely renovate the house in order to rent or resell it, you’ll probably want to know what you’re getting into.

Due diligence 106

Due diligence Inspection Pre-approval Pre-qualification 106

HomeLight

MAY 24, 2022

By waiting, you risk increasing interest rates that limit the number of qualified buyers as well as the size mortgage that lenders will approve. With a cash buyer, there’s no worry about mortgage approval or financing contingencies delaying the sales process. Read on for the reasons why 2022 might be the year to make your move.

Pre-approval 98

Pre-approval Equity Agents Closing costs 98

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.

Pre-approval 76

Pre-approval Earnest money deposit Inspection Inspection contingency 76

Marco Santarelli

MAY 4, 2023

With prices still much higher than they were pre-pandemic, buyers don't have much room in their budgets for costly repairs, and they want a home that is move-in ready. Strategy 2: Get Pre-Approved for a Mortgage Getting pre-approved for a mortgage can give you a competitive edge in the housing market.

Sales 52

Sales Pre-approval Investor Renovation 52