Remove Days on market Remove FHA loan Remove Loans
article thumbnail

Help Your Clients Save Thousands with a VA Loan Assumption

Lab Coat Agents

VA loan assumptions offer a fantastic opportunity for your clients to save thousands on their mortgage in a rising interest rate environment. What is a VA Loan Assumption? What is a VA Loan Assumption? When a buyer assumes a VA mortgage loan, they take over the seller’s existing loan balance and current interest rate.

VA loan 52
article thumbnail

Selling a House ‘As Is’ in Louisiana

HomeLight

Be aware of minimum property standards for certain loans When you place your home on the market, it’s hard to predict if your top offer will come from a cash buyer or a buyer pre-qualified for a home loan. If you’re selling a house “as is” in Lousiana, we’ve got you covered.

As-is 111
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Insights Into The Maryland Housing Market: Trends And Forecasts For 2024

Realty Biz

This article explores the key factors home buyers need to know about the Maryland housing market this year. Getting Pre-Approved For A Mortgage In a seller’s market like Maryland, getting pre-approved for a mortgage loan should be one of the first steps for hopeful buyers. Other options are FHA loans requiring just 3.5%

article thumbnail

Selling a House ‘As Is’ in Virginia

HomeLight

Skip repairs and close in as few as 10 days. Be aware of minimum property standards for certain loans When you place your home on the market, it’s hard to predict if your top offer will come from a cash buyer or a buyer pre-qualified for a home loan.

As-is 110
article thumbnail

Selling a House ‘As Is’ in Arizona

HomeLight

Fast facts about selling a house ‘as is’ in Arizona Median sales price in Arizona $430,990 Average days on market (DOM) for Arizona 56 Disclosures Arizona law requires sellers to disclose material facts about the property through the Residential Seller’s Property Disclosure Statement (SPDS) MLS has a field to mark a listing “as is”?

As-is 109
article thumbnail

51 Brilliant Real Estate Tips for Buyers to Edge Past the Competition

HomeLight

So understand that unless you’ve been earning 1099 income for more than two years, it may not help you qualify for a home loan. Some loans, like VA or USDA loans, even allow you to put 0% down. and 1% of your loan amount, annually. And with most loans, you can drop mortgage insurance when you reach 20% equity.

article thumbnail

Affordable Areas Outside Big Cities Are Heating Up the Fastest As the Pandemic Changes Homebuyers’ Priorities

Redfin

The client, who has been approved for an FHA home loan, keeps getting beat out by other buyers whose offers are more competitive because they’ve been approved for conventional loans. Housing Market Summary of U.S. Median Days on Market. Median Days on Market, YoY Change (in Days).