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Frequently Asked Questions about Buyers Agents in Real Estate

Realty Biz

Understanding the mortgage process, including prequalification and pre-approval, is also essential. Understanding the Mortgage Process When purchasing a home, understanding the mortgage approval process is essential. It is essential to prepare for the mortgage pre-approval process.

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In the Military and Selling a House: Programs and Resources for Service Members

HomeLight

Here are some options for pulling a successful sale, regardless of where you stand on your mortgage. Essentially, equity is the market value of your property minus the amount of money you still owe on your mortgage loan. a reduction in “the interest rate on any pre-service loans to a maximum” of 6%.

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Short Sale Mortgage Loans: What Borrowers Need To Know

HomeLight

But what if you’re buying a short sale? Does that mean you might encounter even more reasons to cry while trying to get a short sale mortgage loan ? Securing a short sale mortgage loan isn’t that different from purchasing a standard home. What’s a short sale ?

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13 Short Sale Tips So You Get a Dream Deal, Not a Nightmare Scenario

HomeLight

You may have heard a little bit about short sales — enough to know that this type of real estate listing can present some opportunities to get a good deal. But while short sales offer potential opportunities , they come with plenty of potential pitfalls as well. Know if a short sale is the best option for you.

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How to Buy a Preforeclosure Successfully: A 13-Step Beginner’s Guide

HomeLight

A home is in preforeclosure when the owner has stopped making mortgage payments for several months and their loan is delinquent or in default — so the owner is approaching foreclosure. In fact, the homeowner might even have a plan to catch up on the mortgage, and in the end, the home won’t end up in any kind of sale.).

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Selling a House ‘As Is’ in Maryland

HomeLight

“I just had three sales last month where I lent the sellers the money needed to make the repairs and they netted almost triple the amount of money we put into the house,” Umanzor says. Consider a pre-listing inspection. Not every buyer who has an approval letter will get to the finish line.”. It’s a win-win for everybody.

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Selling a House ‘As Is’ in Massachusetts

HomeLight

Consider a pre-listing inspection. A pre-listing home inspection is the same as a standard home inspection except that the seller pays for it before listing their home on the market. That being said, a pre-listing inspection isn’t a necessity.

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