Pre-approval Seller concession Title 
Housing Wire
FEBRUARY 19, 2025
Secure a mortgage pre-approval As a rule of thumb, its best to have your clients obtain a mortgage pre-approval prior to setting up any searches and conducting property tours. Required documentation Save your clients some time by providing them with a list of the documents theyll need to get pre-approved.
HomeLight
JUNE 14, 2022
You can probably expect to run into these common expenses for home sellers in Chicago: Prepping your house for sale. Seller concessions. Pre-listing inspection: $279-$400 , if desired or needed. Seller concessions. Seller concessions are another cost to sell a house in Chicago. Closing costs.
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Realty Biz
JANUARY 19, 2024
This documentation will be necessary when applying for a mortgage pre-approval. It's advisable to reach out to multiple lenders and obtain pre-approval. Again, local market conditions determine whether you can get any seller concessions. Next, examine your credit score and history.
Redfin
MARCH 3, 2022
You’ll want to rethink purchasing that beautiful new couch and hold off on planning those backyard additions before the title has been cleared. Most title companies and attorneys don’t accept personal checks over $500, sometimes less. Clouds on the title. So how can you avoid a delayed closing?
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. That could be a pretty sizable chunk of money from the seller’s profit.
BAM Media
JULY 31, 2024
BAM Key Details: Today, the Consumer Federation of America released “Proposed Criteria for Evaluating Home Seller Contract Forms.” In its press release, the CFA also shared eXp’s new seller contract titled “Exclusive Authorization and Right to Sell,” which eXp CEO Leo Pareja first shared on a BAM Breaking livestream with Byron Lazine.
Windemere Buying
JUNE 22, 2022
Getting the home inspected allows you to ask the seller that certain repairs be made, request seller concessions, and renegotiate your offer. Getting pre-approved early on helps to streamline this part of the closing process. The timeline for inspections during the closing process vary state to state.
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