HomeLight

JANUARY 27, 2021

But there’s so much to keep track of along the way: hiring an agent, getting a mortgage, making offers, and closing the deal. We tapped the expertise of top Illinois real estate agent Jen Ortman , who walked us through some of her best advice for buyers. It’s an exciting step in life, to be sure. Hiring an agent.

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HomeLight

AUGUST 16, 2021

Start here: This primer on buying REO homes is packed with advice from seasoned experts with many successful transactions (and a few not-so-successful ones) under their belts. Properties get to this point after the borrower stops making mortgage payments for a period of time. In the market for a “ real estate owned” property ?

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HomeLight

SEPTEMBER 1, 2020

When a homeowner stops making mortgage payments , eventually the bank will foreclose on their house, and the property will become bank-owned. The steps in between the first missed mortgage payment and a bank-owned foreclosure follow a pattern like this: The homeowner fails to make at least three consecutive months of mortgage payments.

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HomeLight

AUGUST 31, 2020

The path to foreclosure begins with a homeowner struggling to make their mortgage payments. When a homeowner can’t make their payments, they may either try to sell their home before they get too far behind on their mortgage, or they could simply let the loan go into default. Source: Jamie Street / Unsplash).

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HomeLight

JUNE 30, 2022

There are many steps along the way to homeownership , and it can get quite bumpy. We asked our top agents for their best advice for first-time buyers and we’re going to delve into the top dos and don’ts when buying a home; some may be odd, others may be more obvious, and several you may have never considered.

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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. Step 1: Prepare your finances.

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HomeLight

JUNE 9, 2023

A top local real estate agent will have tons of knowledge about your area and can offer a wealth of advice on how to navigate the whole process. Get the ball rolling by connecting to a highly rated agent through HomeLight today. However, there are some instances when having a lease makes more sense than taking out a mortgage loan.

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HomeLight

JULY 26, 2022

We even talked with top real estate agent Jesse Allen , who sells properties 51% faster than the average agent in Jeffersonville, Indiana , to get the inside scoop on what you need to know about FSBO homes and whether or not you should hire an agent, even if the seller doesn’t. Is it a yard sale? A political sign? A contractor’s information?

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HomeLight

SEPTEMBER 30, 2020

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. Securing a short sale mortgage loan isn’t that different from purchasing a standard home. Well, it depends.

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HomeLight

OCTOBER 29, 2021

Houses are getting snatched up quickly, and sellers know they have their pick of buyers; while things seem to be settling slightly by the last quarter of 2021, it certainly doesn’t appear to be turning into a buyer’s market anytime soon. The market here, which was already hot, was just getting hotter,” says Olivia.

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HomeLight

MAY 27, 2021

They’ll be making sure you’re shopping within your budget, making sure that you’re shopping within the criteria of your loan product, and helping you get preapproved with a reputable lender. When you’re thinking of making an offer on a home, sometimes the logistics seem as elusive and confusing as a secret handshake.

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HomeLight

SEPTEMBER 30, 2020

You’re finally ready to purchase a home and after doing some research online, you think that exploring your options around how to buy a HUD Home might be a good fit for your lifestyle and finances. The mortgage insurance protects lenders in case the buyer defaults on the loan, allowing those lenders to serve more borrowers.

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HomeLight

JULY 20, 2022

While there are many ways to do that, what if you could accomplish that goal simply by filling a void and educating consumers? That’s exactly what Kimberlee Meserve, Team Lead of the Street Property Team in Boston did in 2018 when she realized that many of her peers could afford to buy a home. They just didn’t know they could.

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HomeLight

APRIL 30, 2022

But the latest home search apps can help fill in the knowledge gap by addressing everything you need to know in the home buying process, from mortgage payments to maintenance. Beyond standard MLS listings, home search apps can offer a deep dive into data to help you research, bid, buy, finance, insure, and even renovate your new home.

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HomeLight

NOVEMBER 9, 2021

But it would be a mistake to think you’re automatically getting a deal with a short sale. A short sale is when the owner of the house is underwater on their mortgage, and the lender agrees to let them sell the home for less than what’s owed. They want to sell the house, but the sale won’t generate enough to pay off the mortgage.

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HomeLight

OCTOBER 2, 2020

You’ve done your homework as a homebuyer, going through the preapproval process , getting your down payment together, and picking out your mortgage lender. You’re thinking of switching mortgage lenders before closing. Here’s what you need to know about switching mortgage lenders. But is it a good idea?

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HomeLight

JANUARY 22, 2022

On the flip side, a homeowner who feels overwhelmed about getting their house ready may need to contact an agent several months before they plan to list. We’ll match you with top performing real estate agents and Realtors® in your area who can help you get the ball rolling. Ready to Contact a Realtor®? Meet My Agent.

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HomeLight

MARCH 9, 2023

Disclaimer: This post about loan and assistance programs for low-income and minority homebuyers is provided for educational purposes and does not constitute financial advice. Here you’ll find an abundance of links and expert tips to get started on your homeownership journey. Inflation can also make the dream feel like a fantasy.

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HomeLight

SEPTEMBER 30, 2022

Here, we’ve enlisted the expert advice of top agents, industry insiders, and recent homebuyers to address key questions to ask when buying a new construction home. Here, we’ve enlisted the expert advice of top agents, industry insiders, and recent homebuyers to address key questions to ask when buying a new construction home.

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Redfin

FEBRUARY 10, 2021

In early 2021, homebuyers will remain undeterred by the pandemic, eager to take advantage of sub-3% mortgage rates while they last. With so many buyers and so little to choose from, the majority of homes that hit the market are getting multiple offers. What to Expect for the Housing Market in 2021. Every year the U.S.

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HomeLight

DECEMBER 15, 2022

Disclaimer : This article is meant to be used for educational purposes only and is not intended to be construed as financial or legal advice. You’re running the risk of influencing or biasing the seller based on something that could get you and your agent in trouble because of the Civil Rights Act of 1968 and other fair housing laws.”.

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