Kyle Handy

JANUARY 20, 2023

Many don’t trust real estate agents because they’ve had problems in the past. So a real estate agent will often discover that all the really good deals are already taken. They want to sell their house without an MLS listing or an agent, so they list it on Zillow and wait for potential offers to come in.

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House Flipping Bankruptcy Investor Renovation 89

HomeLight

JULY 30, 2021

Bankruptcy discharge papers. If you’re buying a home, you may be able to use gift funds for some or all your down payment and closing costs. You can’t accept any gift funds from anyone involved in the real estate transaction, including the builder, developer, or real estate agent. Foreclosure documents. Credit history.

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Loans Mortgages Bankruptcy Purchase and sale agreement 98

HomeLight

JULY 31, 2020

While seamless closings are ideal for everyone involved, they almost never happen unless the buyer is paying cash on the home, and even then there can be a roadblock or two. How it can delay closing. While resolving a contractor’s lien is fairly typical, it can cause a closing delay if the contractor cannot be located to settle it.

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HomeLight

OCTOBER 1, 2020

Bankruptcy documents. What happens before the clear to close? According to Ellie Mae’s Origination Insight Report for 2019 , the average closing takes about 47 days from start to finish. Once the offer has been accepted, your real estate agent will draw up a purchase agreement. Closing date. Closing costs.

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Realty Biz

OCTOBER 4, 2022

Rent-to-own is a great way to buy a house after bankruptcy or when you have a ding in your credit. These might help with the down payment and other closing costs. If you have questions about mortgage payments and other monthly costs, try to find a reputable real estate agent who can address all of your concerns.

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Purchase and sale agreement Mortgages Loans Bankruptcy 69

HomeLight

JULY 12, 2022

The online-quote model can benefit home sellers who are looking to achieve one or more of the following objectives: Minimize public interaction: If you, your spouse, kids, and pets don’t want to be inconvenienced by a parade of potential buyers, agents, inspectors, appraisers, and contractors, online quote companies offer few interruptions.

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Redfin

MARCH 3, 2022

“A seasoned mortgage broker will fully analyze your situation and application, anticipate any issues, and guide you through the process to a smooth closing,” says Trey Bolen at Lendid Home Loans. It’s also important that buyers come to closing prepared with all necessary closing documents and payment for closing costs.

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Boom Town

FEBRUARY 8, 2018

With the bulk of population growth stemming from new residents moving into the state, there’s a lot of opportunity for savvy agents to help new homebuyers find their happily-ever-after. Educate buyers on Home Inspections and Closing Costs in Florida. Florida is regarded as a “High Closing Cost” state.

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HomeLight

SEPTEMBER 14, 2023

Thankfully, your agent, mortgage lender, and the title company will collect and monitor much of the paperwork. While you don’t need to worry about preparing many of the forms in the stack, here are 18 key documents in particular that you should be aware of and pay close attention to. Get Started 1.

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HomeLight

MAY 23, 2022

Top-rated North Carolina real estate agent Ashley Schaus had a listing recently that was in really rough shape. If the buyer’s agent didn’t put anything to that effect into the contract or into a separate addendum, I always go back and include that language.”. Steps to list ‘as is’ with the help of a real estate agent.

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HomeLight

JULY 29, 2022

“One big thing that could delay closing is if, say, someone goes out two weeks before they close and they buy a car — or they buy all new furniture,” explains Pete Veres , a top-selling agent with 19 years of experience in Albuquerque, New Mexico. Talk to your agent and loan officer about these options. Real Estate Agent.

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HomeLight

JUNE 16, 2023

For insight into the strategy to use cash-out refinance to pay off debt, we interviewed two industry experts: Anjali Jariwala, CFP®, founder of FIT Advisors, and Jordan Bennett , a CPA® and top real estate agent in Orange County, CA. For borrowers in dire financial straits, bankruptcy can be an option. What's your home worth today?

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Fixed-rate mortgage Equity Debt-to-income ratio Loans 60

HomeLight

JUNE 30, 2022

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. Be sure to also compare closing costs such as application fees, appraisal fees , and origination fees.

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HomeLight

MAY 24, 2022

Sellers tend to prefer all-cash offers because those deals close more quickly. Byron Ford , an agent in New Bedford , Massachusetts, works with 76% more single-family homes than other agents in his area. He estimates that on a $200,000 house, you could save between $5,000 and $6,000 in closing costs. Transactions.

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HomeLight

MARCH 16, 2023

“We get a massive amount of investors coming to us looking for us to help them with investment properties, and a lot of them are cash,” says James Krueger , a top-performing real estate agent who sells properties 42% faster than the average Houston agent. A house-buying company generally pays closing costs.

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Sales Purchase and sale agreement Earnest money deposit Investor 66

HomeLight

JUNE 19, 2023

When you need to sell your house fast in Florida due to life’s unexpected twists and turns, you have two main options: 1) seek a cash offer, or 2) recruit a top real estate agent. Typically closing time is two to four weeks. Selling your Florida house quickly can also be achieved by hiring a top real estate agent.

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HomeLight

MARCH 31, 2022

To make sure you have the best information at your disposal, we talked with top-rated real estate agents across the country who offered their expert insights to help you make the best decision for your home and your future. But you still have the option to negotiate concessions like closing cost assistance based on work that is needed.

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HomeLight

JUNE 30, 2021

Making an offer on a house without a Realtor® or a real estate agent is kind of like trying to represent yourself in a court of law — it’s possible, but it’s not a good idea. and what’s an agent? A real estate agent is licensed to help people buy, sell, or rent different housing or real estate property types. or an agent?

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HomeLight

DECEMBER 1, 2021

Batterman works with 74% more single family homes than the average agent in the area. A refinance loan comes at a cost, though. Closing costs generally run 1% to 1.5% of the loan amount, although no closing cost options exist (that is, they’ll be lumped in with your principal or you’ll pay a higher rate).

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Purchase and sale agreement Short sale Loans Mortgages 106

HomeLight

JULY 31, 2021

If the whole house has been renovated recently and the seller wants full market value, they’re typically better off working with an agent.”. Lisa Jackson , a seasoned real estate agent in Pittsburgh, Pennsylvania, sees cash buyers gravitate primarily to single-family, starter-type homes priced around the $200,000 range or less.

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HomeLight

SEPTEMBER 30, 2021

The most important factors in calculating this are your total monthly income, your monthly minimum debt payments, cash you have on hand that will help cover a down payment and closing costs, and your credit profile. We’ll start with your credit profile. For most home loans, a credit score of at least 620 is needed.

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Loans Pre-approval Mortgages VA loan 82

HomeLight

JANUARY 9, 2023

We’ve talked to a top real estate agent and a tax professional to help you understand the required home sale taxes and gathered the top ways to mitigate or eliminate the tax burden on your home sale. You pay taxes on so many things, it makes sense to want a break on paying taxes when selling your biggest asset: your home.

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Housing Wire

OCTOBER 10, 2023

That’s because real estate agents and loan officers are in survival mode and desperate to close new business. For lenders and brokerages, the risks of LOs or agents overstepping are high. A CFPB enforcement action could “force already financially weakened lenders into bankruptcy,” Selden said.

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