HomeLight

MAY 26, 2021

If you’re taking out a mortgage, your lender will arrange something called a home appraisal. But who pays for the appraisal? This guide will help you understand who pays for the home appraisal and why it’s important. What is a home appraisal? One piece of information your lender will look at closely is the home appraisal.

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Inspection Residential Due diligence Title search 96

HomeLight

MARCH 13, 2023

Speed: One of the biggest benefits is a fast sale, as cash buyers are able to close the transaction quickly without the delays often associated with traditional home sales, such as waiting for financing approval or appraisal. The buyer does due diligence during the option period in California, which is typically one to 10 days.

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Sales Purchase and sale agreement Due diligence Inspection 93

HomeLight

MARCH 13, 2023

As concrete foundations settle on sandy soil, houses may develop settlement cracks and other foundation issues. Airbnb owners get tired of paying management fees and dealing with customer complaints and negative ratings, but they have too little equity to sell the traditional way.

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Sales Investor Due diligence Renovation 83

HomeLight

MARCH 13, 2023

These include: Out-of-state buyers flocking to Austin – particularly California sellers who cashed out the equity in their expensive homes and can afford to pay cash in Austin. Certainty: With a pre-offer walk-through, a cash home buyer can typically provide a firm cash offer that comes with few, if any, contingencies.

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Sales Investor House Flipping Pre-approval 72

HomeLight

MARCH 16, 2023

You’ll get speed and convenience in exchange for some of the property’s equity,” says Naumann. More certainty: With a pre-offer walk-through, a cash home buyer can typically provide a firm cash offer that comes with few contingencies, or no contingencies at all. The buyer does due diligence during the option period in Texas.

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Sales Purchase and sale agreement Earnest money deposit Investor 68

The Close

DECEMBER 29, 2022

Active contingent. To help your clients understand contingencies, use the word “conditional.” ” If a property is active contingent, a buyer has submitted an offer to purchase a property, but the sale won’t be finalized until certain conditions, or contingencies, are met. Sure, deals can fall apart.

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Purchase and sale agreement Title Proof of funds Pre-approval 93

HomeLight

DECEMBER 13, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot Virginia real estate market and a steep rise in equity added extra incentives to maximize profits.

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Purchase and sale agreement MLS Agents Sales 88