HomeLight

AUGUST 10, 2022

With 15 years in the business, Diamond Equity Investments say they’ll buy houses being sold for any reason such as bankruptcy or foreclosure, in any condition — even fire damage — and that have baggage like large liens, title issues, or low equity. May need to lower the price if appraisal comes in low. Financing contingency.

Closing costs 87

Closing costs Purchase and sale agreement Closing Staging 87

HomeLight

AUGUST 10, 2022

The company states that they regularly provide solutions for sellers in a pending foreclosure or facing bankruptcy and will buy houses in any condition, even requiring complete renovations. Certainty: Since the company does a pre-offer walk-through, their offer is firm and comes with few (if any) contingencies. Financing contingency.

Closing costs 87

Closing costs Purchase and sale agreement Closing Inspection 87

HomeLight

JULY 28, 2022

The owners, who have lived through a home fire and bankruptcy both, understand difficult situations and place their focus on people helped over properties turned. Certainty: Since the company does a pre-offer walk-through, their offer is firm and comes with few (if any) contingencies. Financing contingency. Title search.

Closing costs 83

Closing costs Purchase and sale agreement Closing Staging 83

HomeLight

JANUARY 13, 2022

You’re getting ready to call your agent to schedule a showing when you notice that the listing says the property is “active contingent.”. What on earth does active contingent mean? In this guide, we’ll take the term “active contingent listing” and break down what it means. What does active contingent mean?

Backup offer 88

Backup offer Inspection contingency Purchase and sale agreement Home sale contingency 88

HomeLight

JUNE 30, 2021

There are a number of factors to consider, and you’ll need to assess your finances and take your priorities into account. Appraisers and real estate agents use them to get the most accurate estimate possible of the value of a home, and you can do it, too! Step 3: Include contingencies. Financing contingency.

Purchase and sale agreement 91

Purchase and sale agreement Inspection contingency Home sale contingency Inspection 91

HomeLight

OCTOBER 29, 2020

And that’s before buyers even start thinking about steps like making a contingent offer. This means buyers need to come prepared with enticing offers and the capacity to quickly follow through, and nothing can sideline an otherwise stable deal like tricky contingencies. What is a contingent offer? Negotiable contingencies.

Purchase and sale agreement 80

Purchase and sale agreement Pre-approval Earnest money deposit Inspection 80

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.

Purchase and sale agreement 93

Purchase and sale agreement Investor Equity Closing 93

HomeLight

MAY 24, 2022

Even though it’s all cash to the sellers at closing, with a cash offer, “you don’t have to go through the appraisal or the bank approval process — it’s cleaner.”. A cash buyer can skip everything related to a mortgage, from the home appraisal to income verification, which saves them a ton of time. Appraisal: 15 minutes to 5 days.

Purchase and sale agreement 108

Purchase and sale agreement Closing Title search Title 108

HomeLight

JULY 31, 2021

turn four walls and a roof into money in the bank, without the need for inconvenient showings, nail-biting appraisals , or a 50-day closing. Brian Martucci , a personal finance expert for Money Crashers , says that cash buyers tend to target the types of properties and sellers that reinforce the inherent advantages of their strategy.

Earnest money deposit 98

Earnest money deposit Inspection Proof of funds Inspection contingency 98

HomeLight

MARCH 16, 2023

Investors offer alternatives to foreclosure and bankruptcy About 60% of sellers who contact Ramcharitar are behind on their mortgage payments. While some homeowners opt for foreclosure in a distressed situation, others decide to declare bankruptcy.

Sales 74

Sales Purchase and sale agreement Earnest money deposit Investor 74

HomeLight

JUNE 30, 2022

Lenders will also want to know if you’ve ever declared bankruptcy or owned a house that went into foreclosure. Line up financing. It’s important to line up financing well in advance of when you want to start making offers. Be sure to also compare closing costs such as application fees, appraisal fees , and origination fees.

Purchase and sale agreement 83

Purchase and sale agreement Inspection Earnest money deposit Closing costs 83