HomeLight

MARCH 30, 2021

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.

Short sale 59

Short sale Sales Pre-approval Closing costs 59

HomeLight

MAY 27, 2021

But when it comes to one of the key aspects of buying that home — how to get a mortgage loan — you may draw a blank. No one daydreams about filling out mortgage applications, and the process is complicated because you have to keep track of so many details and make so many choices. Source: (Matthew Henry / Burst).

Loans 80

Loans Mortgages Title FHA loan 80

HomeLight

MAY 23, 2022

Schaus does business in the area of Fort Bragg, which means that Department of Veterans Affairs home loans ( VA loans ) are used very often by buyers. 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 83

As-is Purchase and sale agreement VA loan Inspection 83

HomeLight

OCTOBER 27, 2021

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.).

Purchase and sale agreement 85

Purchase and sale agreement Inspection Homeowner’s association Title 85

HomeLight

DECEMBER 29, 2023

Brickle says that types of homeowners looking to sell “as is” are most commonly people just in over their heads —- due to a combination of the house needing repairs or being behind on mortgage payments with the threat of foreclosure looming. If your house complies with FHA, it complies with most other lenders’ requirements.

As-is 90

As-is Inspection Finance Investor 90

HomeLight

DECEMBER 30, 2021

According to the National Association of Realtors® Research Group’s 2021 data , 64% of buyers have conventional loans, 16% have FHA loans and 14% received VA loans. After you accept an offer, the buyer’s mortgage lender typically contacts a third-party appraisal management company (AMC ).

Loans 117

Loans Agents Inspection Closing 117

HomeLight

JANUARY 19, 2023

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. FHA 203K Mortgage : This option allows homeowners to finance up to $35,000 in repairs identified by an FHA home appraiser or inspector.

House Flipping 95

House Flipping Inspection Renovation Finance 95

HomeLight

MAY 19, 2022

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. These are standards related to the overall condition of a property which will play a role in the willingness and/or ability of a lender to finance a buyer’s loan.

As-is 98

As-is Inspection Investor Closing costs 98

HomeLight

MAY 23, 2022

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. These are standards related to the overall condition of a property which will play a role in the willingness and/or ability of a lender to finance a buyer’s loan.

As-is 90

As-is Inspection Investor Sales 90

HomeLight

OCTOBER 1, 2020

We weren’t sure what to expect, but they accepted it,” Lauren says, “and we didn’t have any trouble getting a mortgage.”. It didn’t need any repairs, and he never even made a payment on the mortgage he took out to finance the purchase. Their Realtor, Annette Wilcox , helped them make the offer for less than the asking price. “We

Purchase and sale agreement 54

Purchase and sale agreement Banks Earnest money deposit Equity 54

HomeLight

MAY 23, 2022

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. These are standards related to the overall condition of a property which will play a role in the willingness and/or ability of a lender to finance a buyer’s loan.

As-is 105

As-is Inspection Investor Closing costs 105

HomeLight

MAY 23, 2022

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. These are standards related to the overall condition of a property which will play a role in the willingness and/or ability of a lender to finance a buyer’s loan.

As-is 95

As-is Purchase and sale agreement Inspection Closing costs 95

HomeLight

APRIL 29, 2022

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. These are standards related to the overall condition of a property which will play a role in the willingness and/or ability of a lender to finance a buyer’s loan.

As-is 68

As-is Purchase and sale agreement Investor Inspection 68

The Close

DECEMBER 29, 2022

Furthermore, in today’s market, understanding our complex mortgage industry could actually help you close more deals and maybe even save clients money. So we’ve included a handy download with questions your clients should ask their mortgage broker. Adjustable-rate mortgage (ARM). Assumable mortgage. Acceleration clause.

Purchase and sale agreement 97

Purchase and sale agreement Title Proof of funds Pre-approval 97