Showing posts from February, 2020

'Ready to Offer' Checklist

Given how fast homes are snatched up in the Bay Area, you need to be ready when you see a home you love!  Below are items your realtor will ask you for to go along with your offer: "Love" Letter Offer Amount Legal name(s) of offeror(s) Decisions on whether you are removing any of the contingencies below.   Financing, if this is not removed, find out from your lender the timelines for the following: Financing Contingency Removal Appraisal  Time to Close Appraisal  Inspection Pre-Approval/Pre-Underwritten Letter.  If all cash, proof of funds. If your offer gets accepted, you need to wire the 3% deposit within 3 days.  It takes stocks about a week to settle so ensure you have the 3% deposit in cash in the bank account you want to wire from.