HomeLight

AUGUST 10, 2022

HomeLight’s Simple Sale platform provides full cash offers for homes in almost any condition nationwide and in Atlanta. Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of companies in this post do not constitute an endorsement. Request Offer.

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Closing costs Purchase and sale agreement Closing Inspection 74

HomeLight

DECEMBER 1, 2021

Maybe you got caught up in a bidding war, bought at a market peak, and buyer interest (along with home values) has since cooled. Or you’ve experienced a sudden and extreme change to your financial situation, such as a layoff or death in the family. Selling at a loss is one option — but there are other avenues you can explore before taking that step.

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Purchase and sale agreement Short sale Loans Mortgages 103

HomeLight

JANUARY 13, 2022

In May 2020, 76% of closed sales contained purchase contingencies, a survey from the National Association of Realtors® (NAR) found. A pending home will be sold and taken off the market as soon as the sale is finalized. There’s a nearby park, and it’s only blocks away from one of your favorite restaurants. you think to yourself.

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Backup offer Inspection contingency Purchase and sale agreement Home sale contingency 75

HomeLight

OCTOBER 29, 2020

That’s why financed offers come with appraisal contingencies — the loan can’t clear until the home has been appraised and the lender knows they’re not lending you too much for the home. Is it an understatement to say that buying a house can be a complicated process? Source: (JJ Badenhorst / Unsplash). What is a contingent offer?

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Purchase and sale agreement Pre-approval Earnest money deposit Inspection 78

HomeLight

MAY 24, 2022

Every home sale has its quirks, but in general, “a cash sale can be turned over in a week to two weeks,” according to Suz Poepke Pohl, owner and escrow agent at Cygneture Title for the past 10 years. With a cash sale, you can skip a few steps in the typical closing process. Why pay cash for a home? Why does it take this long?

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Purchase and sale agreement Closing Title search Title 101

HomeLight

JULY 31, 2021

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. In addition, these properties allow for multiple exit strategies for investors, including flips, short- or long-term rentals, or wholesales.”.

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The Close

MARCH 15, 2022

This practice will put further strain on the already short-handed new home industry and prevent more new homes from being built for individual homeowners. That’s why I decided to write this article explaining what a real estate bubble is, if we’re in one now, and most importantly, if or when I think the bubble might pop. It gets worse.

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Agents Investor Banks Land 97