It’s common for an offer letter to be written and submitted electronically, with an expected response time of about a day. If you took the time to get pre-approved in advance, attach your pre-approval letter to the offer.
Home sellers are more likely to accept offers accompanied by a legitimate pre-approval letter.
Remember, though: an offer for a home is not a contract. Offer letters are proposals. They’re the starting point for negotiations to the final price of a home.
Once the buyer and seller agree on a price and terms, the letter becomes a contract and you’re on your way to closing.
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An insurance claim is an official request you make to an insurance company, asking to get paid for damages. Insurance claims can be made for any reason that’s a part of your insurance policy. When you have homeowners insurance, you can make an insurance claim after a fire in your home; after there’s been theft […]