HomeLight

OCTOBER 30, 2020

But beware, excluding certain appliances in the home sale could turn off potential buyers, not to mention, add a layer of difficulty when moving. We’ll also cover how to move your appliances safely to your next home once the sale closes. FHA loans require all included appliances to function properly.

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Purchase and sale agreement FHA loan Marketing Branding 77

HomeLight

SEPTEMBER 1, 2022

Once you have the purchase agreement in hand, you might think there are no more obstacles in your way, but the home still has to appraise for the amount you agreed to pay for it. When you’re financing your home purchase with a mortgage, the lender wants to make sure the property you’re buying is worth what you’re paying for it.

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Redfin

JUNE 29, 2023

Michigan housing market insights The housing market in Michigan continues to show increased median sale prices. As of recent data, the median sale price stands at $252,200, reflecting a 1.6% Additionally, the number of homes available for sale has declined, down 8.3% year-over-year increase. year-over-year.

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HomeLight

AUGUST 16, 2021

We’ve rounded up expert advice from all across our Buyer Resource Center and enlisted the help of top Massachusetts agent Rosemary Mancuso to walk us through what first-time buyers need to buy a house. Plus, if you do decide to take the leap, you’ll be ready to tackle your home purchase like a pro. HomeLight to the rescue! Start here.

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Redfin

AUGUST 3, 2023

Despite this shifting demand, the median sale price has continued its steady ascent, increasing by 1.3% 2: Augusta, GA Median home price: $211,950 Augusta, GA homes for sale Augusta is perhaps best known for hosting the prestigious Masters Tournament, attracting golf enthusiasts worldwide. year-over-year. compared to the previous year.

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HomeLight

AUGUST 16, 2021

Sometimes you’ll even find grants to help you with closing costs and down payments. With this expert-backed guide, we’re here to help: Here’s how to apply for a first time home buyers loan in eight manageable steps. Source: (LinkedIn Sales Solutions / Unsplash). Your real estate agent is another great resource for help!).

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HomeLight

JUNE 28, 2021

When you purchase a home using a mortgage, you’ll have to meet the lender’s debt-to-income — or DTI — requirements. Most homebuyers need to put something down to purchase a home. Do you have money for closing costs? It’s not uncommon to have closing costs that add up to 2% to 5% of your loan amount.

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HomeLight

JUNE 13, 2022

You need to save up money for a down payment and closing costs (which are calculated as a portion of your purchase price), but home prices just keep going up — so when you finally reach your goal, you realize that the goalposts have moved, and the hill is even taller than you thought. for an FHA loan. Let’s dive right in!

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HomeLight

APRIL 12, 2023

Editor’s note: This post will help answer the question: How much are closing costs in Massachusetts (MA)? Your closing costs may differ depending on your circumstances and the terms of your home purchase. Massachusetts closing costs for homebuyers tend to run approximately 2.5% What are closing costs?

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HomeLight

JULY 31, 2022

Even before you decided to put your home up for sale, you probably knew making minor repairs and sprucing up your home would increase the chances of attracting the right buyers and getting a great offer. So how can you know what kind of repair issues could potentially derail a sale — before you even have an offer?

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HomeLight

AUGUST 9, 2022

It’s the first financial move you’ll make in securing your new home purchase. Since a down payment is, as the term suggests, the amount of money you’re putting down on the purchase of your home, your mortgage lender will need to see proof of these funds fairly early on in the approval process. So the down payment is due at closing?

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HomeLight

NOVEMBER 29, 2021

A down payment is money that a buyer will pay at closing, usually expressed as a percentage of the home’s total purchase price. Agents say the ongoing demand for houses is being heavily driven by people fleeing more expensive areas of the country. FHA loans. USDA loans. Does it really have to be 20%?

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Earnest money deposit FHA loan Purchase and sale agreement Inspection 86

HomeLight

MAY 23, 2022

Top-rated North Carolina real estate agent Ashley Schaus had a listing recently that was in really rough shape. HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Skip repairs and close in as few as 10 days. Median sales price in North Carolina. Request Cash Offer.

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HomeLight

OCTOBER 2, 2020

You’re thinking of switching mortgage lenders before closing. Will you regret making the switch before closing? Why you might think about switching mortgage lenders before closing. Yes, it is possible to switch lenders before closing. This option can typically only be used once during the closing process.

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HomeLight

SEPTEMBER 1, 2022

If this all sounds perfect and you’re thinking of purchasing a home in Connecticut, read on! With tips on everything from how to save for your down payment, specific loan programs for buyers, and what you should look for in an agent, we’ve got you covered. Steps to buying a home in Connecticut. Assess your readiness.

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HomeLight

SEPTEMBER 1, 2022

We researched everything you need to know about buying a house in Florida, and spoke with top agent Maria Raymer , who works with 67% more single family homes than the average agent in Jacksonville, Florida , to get expert insight into the steps required for buying a home in Florida. FHA is really one of the best options,” she advises.

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HomeLight

MAY 23, 2022

According to Indiana real estate agent Jesse Allen , the biggest reason he sees people try to sell their homes “as is” in Indiana is because they don’t have the funds to make any repairs and their property is in a state of disrepair. “We HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition.

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As-is Purchase and sale agreement Inspection Closing costs 97

HomeLight

AUGUST 16, 2021

We have enlisted the help of one of Colorado’s top real estate agents, Alexa Elliot , who has helped many of her clients buy their first home in addition to helping buyers with investment properties. Insisting upon a signed and notarized legal rental agreement. Consider a master lease agreement. One program will “cover the 3.5%

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HomeLight

NOVEMBER 29, 2021

If you’re considering a rent-to-own house, you need to have a clear understanding of how these contracts work — they’re a little bit different from both a typical rental contract and a typical home purchase contract. When the future purchase price is set. Lease option vs. lease purchase. Term lengths. Option fee.

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Purchase and sale agreement FHA loan Loans VA loan 100

HomeLight

JULY 25, 2022

“Even if sellers think their house isn’t ready, there are ways to get it right for selling if they want to sell,” says Kelley Martin , a top real estate agent in San Antonio who sells homes 48% quicker than the average area agent. Skip repairs and close in as few as 10 days. Median sales price in Texas.

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HomeLight

DECEMBER 6, 2021

Financing hoops: You may face additional scrutiny from the lender if your buyer will use a mortgage for their purchase. The following resources may also be of assistance in your family sale: Real estate agent: For a reduced commission rate, an experienced agent can help minimize challenges and coordinate the sale.

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Purchase and sale agreement Marketing Equity Inspection 107

HomeLight

AUGUST 12, 2022

“The first thing that’s important to distinguish is whether ‘as is’ comes from the seller or the buyer,” explains Monica Bullington , a top agent in Bloomington-Normal, Illinois, who works with over 85% more single-family homes than the average area agent. Skip repairs and close in as few as 10 days. Request Cash Offer.

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HomeLight

OCTOBER 27, 2021

“If you can get to a home as a preforeclosure before it goes into foreclosure, that’s the best route,” explains Donny Piwowarski , a top-selling agent who works with 84% more single-family homes than the average agent in his region of Tracy , California. “A In preparation for making your offer, talk to your agent about what seems fair.

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Purchase and sale agreement Inspection Homeowner’s association Title 87

HomeLight

MAY 27, 2021

We include advice from an agent who has worked with hundreds of new buyers, descriptions of different loans, and information about the many kinds of paperwork you’ll deal with. With this information in hand, you’ll be prepared to get a mortgage loan and start your journey to homeownership. with a score above 580.

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Loans Mortgages Title FHA loan 83

HomeLight

JULY 25, 2022

In Florida, the concept of selling a property without negotiating repairs is so alluring, that “the percentage of as-is sellers is probably 99%,” reports top real estate agent JoAnn Jacobs. Sellers are interested in listing their home ‘as is’ because they want a sale with an easy transaction and a lot less hassle,” says Tom.

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HomeLight

APRIL 29, 2022

“Some people have a lot more time and energy to engage and make the best of the sale, and some people don’t,” says George Graham , a top real estate agent in the Seattle, Washington, area. An as-is home sale often indicates that the home has some “big-ticket items” that won’t pass the required inspection or appraisal, he adds.

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HomeLight

NOVEMBER 9, 2021

So what happens next as you navigate the closing process as a seller? We’ll walk you through it, with expert intel from Dave Zajdzinski , a top-selling agent who works with 71% more single-family homes than the average Phoenix agent. How soon will I receive my home sale proceeds? What taxes will I owe on my home sale?

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Purchase and sale agreement Pre-approval Closing Title 76

HomeLight

MARCH 6, 2023

Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. Appraisals are typically needed when applying for a mortgage or refinancing a home loan. What's Your California Home Worth?

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HomeLight

DECEMBER 29, 2021

Savvy sellers know that if their home is priced right, they stand a very good chance of having it appraise accordingly, and keep the sale on track. You can’t always avoid [a low appraisal],” says Megan Walters , a top-rated agent who sells homes 40% faster than the average agent in her Columbia, Missouri, market.

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HomeLight

NOVEMBER 10, 2021

Whether you’re hoping to find a condo in Miami to be close to the nightlife, or are aiming for a single-family home close to your favorite golf course where you can retire in comfort, buying a house in Florida is a dream for many — it’s intimidating, but also exciting. Source: (Chris Norberg / Unsplash).

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HomeLight

NOVEMBER 29, 2021

Plus, down payment and closing costs in New Jersey can set you back thousands of dollars. The amount varies, but it is usually based on a percentage of the home’s purchase price. It stands to reason that If a home is close to amenities, the price will be higher than in areas further out of town. Source: (Joey Pedras / Unsplash).

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Redfin

FEBRUARY 10, 2021

Later in the year, the worst of the pandemic will hopefully be behind us, and as businesses reopen and daily activities become safer, a new batch of homebuyers and sellers will enter the housing market, making for the strongest year of home sales since 2006. ”. There is a shortage of homes for sale. We’re in a seller’s market.

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Housing Wire

NOVEMBER 15, 2023

Ask the average real estate agent or broker in America if they believe the National Association of Realtors (NAR) and brokerages are likely to win the bombshell Sitzer/Burnett commission lawsuit case on appeal. NAR is a scam,” one agent wrote. I doubt they will side with the agents,” said another. We wanted to hear from them.

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HomeLight

AUGUST 12, 2022

Fear of the unknown is the main reason clients want to sell their property ‘as is,’” says top-performing real estate agent Rich Hernandez of Oxnard, California. HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Skip repairs and close in as few as 10 days. Request Cash Offer.

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