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How Long Can a House Be Under Contract?

Norada Real Estate

Additionally, the type of financing being used, such as FHA or VA loans, can also impact the length of the under-contract period. Home Inspection Contingency One of the most common contingencies that can affect the length of the under-contract period is the home inspection contingency.

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How to Buy a Home As-Is and Make Sure You’re Protected

HomeLight

An example: Let’s say a property is listed as-is, and a home inspection finds a leaky roof and foundation issues. Another misconception is that a home inspection isn’t allowed. An inspection can tell you upfront the exact issues with the house so you know what money you might have to spend down the line. Get a home inspection.

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How to Buy a House in the Bay Area: 14 Steps to Close the Sale

HomeLight

For example, in Alameda County, the maximum loan amount is $1,089,300 for single-family homes, while in nearby San Joaquin County, which includes the cities of Stockton and Manteca, the loan limit is $656,650. Find the FHA loan limit for homes in the county you are looking to purchase here.

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How to Buy a House in San Diego: 14 Steps to Close the Sale

HomeLight

Department of Housing and Urban Development (HUD) website to find the FHA loan limit in the county where you’re shopping for a home. Special programs VA loans: For veterans, service members, and surviving spouses. Loans backed by the VA offer 0% down payments for those who qualify. Visit this link on the U.S.

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Your Ultimate Guide to Buying a Home in Connecticut in 14 Steps

HomeLight

For example, in Fairfield County, CT, the maximum loan amount is $695,750 for single family homes, while in New Haven-Milford County, the loan limit is $420,680. Find the FHA loan limit for homes in the county you are looking to purchase in here. VA loans : For veterans, service members, and surviving spouses.

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Your Guide to Buying a Home in the Sunshine State of Florida

HomeLight

For example, in Alachua County, FL, the maximum loan amount is $420,680 for a single-family home, while in Monroe County, FL the loan limit is $710,700. Find the FHA loan limit for homes in the county you are looking to purchase in here. VA loans : For veterans, service members, and surviving spouses. Closing date.

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Find Cash Home Buyers in Orlando for a Fast, Simple Sale

HomeLight

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. You don’t need the added stress of waiting for the buyer’s mortgage approval or a home inspection turning up any unpleasant surprises.

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