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A comment on Investors bought a record share of U.S. homes in 2021. Parent comment

Re:Investors bought a record share of U.S. homes in 2021 by gregwebs on Thursday February 17, 2022 @12:13PM (#30375693)
pre-approval doesn't amount to much. One thing you can do to compete with cash is to get a fully underwritten mortgage (you need to find a lender that does this). For a fully underwritten mortgage, the lender will give a $10,000 guarantee that the mortgage will close: this makes the offer more similar to a cash offer.
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Re:Investors bought a record share of U.S. homes in 2021 by tempnow987 on Thursday February 17, 2022 @03:35PM (#30378304)
These still have lots of stars. They will close IF property appraises at value you bid. Heads up, in a multiple offer scenario it very likely WILL NOT.
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Re:Investors bought a record share of U.S. homes in 2021 by classichasclass on Thursday February 17, 2022 @01:35PM (#30376798)
Honestly, do you really think that was our whole problem?
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