HomeLight

OCTOBER 27, 2020

The lender could also request additional documents if you have special circumstances, such as a past foreclosure or bankruptcy. Marcus Rittman, director of mortgage operations at HomeLight Home Loans, has seen that “the catalyst for most homeowners wanting to get approved for a mortgage is finding a home that they love.” Preapproval.

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Pre-approval Due diligence Loans Bankruptcy 103

HomeLight

DECEMBER 23, 2021

The terms are often mistakenly interchanged or misunderstood in real estate. Perhaps the biggest myth is that the title to a home is an actual document stored in a drawer somewhere. A deed is the physical document that passes those ownership rights from seller to buyer and is usually recorded with the courthouse or assessor’s office. Find Agent.

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Title Title search Bankruptcy Due diligence 107

HomeLight

MAY 24, 2022

He speculates that this is likely due to “the competition we’re facing now. Everyone involved will need time to perform their due diligence. Why pay cash for a home? Mortgage interest is tax-deductible , and many homeowners appreciate the deduction. Despite this, there are benefits to a cash offer. Why does it take this long?

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Purchase and sale agreement Closing Title search Title 99

HomeLight

AUGUST 16, 2021

Be sure to follow The Walkthrough to get future episodes delivered automatically: Apple Podcasts/iTunes | Spotify | Stitcher | YouTube. The headlines change almost every day. But this much seems clear: Millions of homeowners, landlords, and renters will face a distressed property situation as eviction and foreclosure moratoriums end.

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Marketing Short sale Bankruptcy Banks 75

HomeLight

JULY 31, 2021

What you have is a house. What you need is cash. The bills are stacking up or perhaps you lost some income recently, and the money tied up in your home would help a ton at a time like this. If only there were a way to — poof! Absent a magic wand, you do have the means to get cash for your home in quick order. Value-add’.

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Earnest money deposit Inspection Proof of funds Inspection contingency 98

HomeLight

JULY 29, 2022

Closing on a house is a thrilling time for buyers : Once you’ve found the one and have an accepted offer, you’re ready to grab the keys and make it your own. But closing time can also be plenty to rack your nerves. First, when deciding to purchase a home, you’ll naturally try to make sure you’re at a stable point in your career.

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Closing Purchase and sale agreement Title Home sale contingency 102

HomeLight

OCTOBER 29, 2020

Is it an understatement to say that buying a house can be a complicated process? And that’s before buyers even start thinking about steps like making a contingent offer. From the moment you make the decision to find a new home, you’re navigating a juggling act of strategy, timing, and luck. Source: (JJ Badenhorst / Unsplash). Home appraisals.

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Purchase and sale agreement Pre-approval Earnest money deposit Inspection 77

Marco Santarelli

SEPTEMBER 6, 2020

Passive income is money that is usually (but not always) received regularly without any or only little effort. You either have to do much, in the beginning, to set up your passive income stream or/and you regularly have to invest at least a bit time, effort or money to maintain that income. It has renewed interest in passive income ideas.

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Lending Loans Investor Branding 135

Redfin

MARCH 3, 2022

Sometimes when a homebuyer wants to close on the home as quickly as possible, it can lead to unrealistic contract dates. However, there are often unpredictable roadblocks that can arise during the closing process that will push back your closing and keep you from meeting your deadlines. There’s no judgment here as we’ve seen it all.

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Closing Title search Purchase and sale agreement Title 63

HomeLight

JULY 12, 2022

Get cash fast: Unexpected expenses that pile up due to job loss, hospitalization, or even inflation might cause you to consider how to quickly convert your equity to cash , so you can relieve debt. The only site visit may be a one-time assessment after the initial offer is presented.

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Purchase and sale agreement Investor Equity Closing 78