HomeLight

DECEMBER 29, 2023

If a buyer requests further deductions to the price based on their inspection, you may be able to point to how the estimated cost of certain repairs was already baked into the list price. I’ll give an inspection contingency, that’s it. For an as-is, the sale can be a win-win situation for the seller.

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As-is Inspection Finance Investor 89

HomeLight

MARCH 6, 2023

With tips on everything from how to save for your down payment, specific loan programs for buyers, and what you should look for in an agent, we’ve got you covered. Typically, the higher your credit score, the lower your interest rate will be, which saves you money over the life of the loan. Loans are between 3%-3.5%

Closing 88

Closing Earnest money deposit Sales Title 88

HomeLight

SEPTEMBER 1, 2022

With tips on everything from how to save for your down payment, specific loan programs for buyers, and what you should look for in an agent, we’ve got you covered. Typically, the higher your credit score, the lower your interest rate will be, which saves you money over the life of the loan. Steps to buying a home in Connecticut.

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Earnest money deposit FHA loan Purchase and sale agreement Inspection 92

HomeLight

DECEMBER 29, 2021

Whenever a buyer is financing the purchase of a home or refinancing a mortgage , an appraisal of the property is required in order to assure the lender that the value of the property matches the amount of the loan, according to the Appraisal Institute , the nation’s largest professional association of real estate appraisers.

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Purchase and sale agreement VA loan Loans Agents 106

HomeLight

MARCH 2, 2023

With tips on everything from how to save for your down payment, specific loan programs for buyers, and what you should look for in an agent, we’ve got you covered. Typically, the higher your credit score, the lower your interest rate will be, which saves you money over the life of the loan. Loans are between 3%-3.5%

Closing 94

Closing Earnest money deposit Sales Inspection 94

HomeLight

SEPTEMBER 1, 2022

Typically, the higher your credit score, the lower your interest rate will be, which saves you money over the life of the loan. Different loan programs will require different down payment amounts, but you do not always need to put 20% down when buying a home. There are two types of conventional loans — conforming and non-conforming.

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Earnest money deposit FHA loan Purchase and sale agreement Title 78

HomeLight

OCTOBER 29, 2021

Well, you’ll need a down payment — which, depending on the loan program you go with, could be as low as 3% (or even 0% with certain government-backed programs). Then you’ll have to pay closing costs, including appraisal and inspection costs (and don’t expect the seller to chip in — more on that later!). USDA loans.

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Inspection Loans VA loan Title 89

HomeLight

JUNE 30, 2022

When shopping for lenders, compare first-time home buyer programs , lender requirements, interest rates, and loan terms to make sure you are getting a good deal. Pay attention to the Loan Estimate and Closing Disclosure. You will receive a Loan Estimate within three business days of applying for a loan.

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Purchase and sale agreement Inspection Earnest money deposit Closing costs 71

Redfin

FEBRUARY 10, 2021

Before applying for a loan and certainly before ever making an offer on a house, you should know your credit score. Well, it’s not only the difference between getting a low-interest rate on a home loan versus a high one, but it will also directly impact how much a bank or lender will loan you. Check Your Credit Score.

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Debt-to-income ratio Pre-approval Inspection Purchase and sale agreement 76

HomeLight

AUGUST 24, 2022

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. He familiarizes himself with the house before listing it so he can accurately answer those questions.

As-is 98

As-is Inspection Investor Closing costs 98

HomeLight

JANUARY 6, 2021

What is a home inspection? When you make an offer on a home, your agent will probably advise you to include an inspection contingency. The cost for a home inspection for a condominium can be less, sometimes just $200, if it’s a smaller unit. Waiving the home inspection contingency could sweeten your offer.

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Inspection Inspection contingency VA loan New Construction 69

HomeLight

MARCH 13, 2023

Joseph has encountered active military who recently purchased homes with a VA loan, but got orders to ship out only to find that their home hadn’t appreciated much in a short time. With a cash home buyer, there are usually no financing or inspection contingencies typically found in traditional real estate contracts.

Sales 79

Sales Investor Due diligence Renovation 79

HomeLight

AUGUST 12, 2022

Often, that means advocating for the removal of inspection contingencies. “In 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 98

As-is Purchase and sale agreement Natural hazards disclosure Closing costs 98