HomeLight

MAY 23, 2022

HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Median sales price in North Carolina. “As is” is a type of home sale where it’s understood that no improvements will be made to the property. Looking to sell a house “as is” in North Carolina?

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RIS Media

JANUARY 29, 2021

Between prime (highest-quality) and subprime (lowest-quality) home loans are a category called “Alt-A mortgages.” . The federal government sets guidelines for Qualified Mortgages that focus on a borrower’s ability to repay the loan. How Are Requirements Different for Alt-A Loans? An Alt-A loan may be available sooner.

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HomeLight

DECEMBER 1, 2021

We also connected with HomeLight Home Loans Mortgage Sales Leader Richie Helali, who offered an insider’s look at mortgage options that could help you hold on to your home — or let it go without falling into foreclosure. You’re maxed out on second loans and now you owe more than your home’s value. You’re going through a divorce.

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HomeLight

JULY 31, 2020

Loan approval. For most buyers, financing a home through a bank or lender with a mortgage loan is necessary to purchase the property. Because the entire sale hinges on securing this loan, it is a top criteria for closing, and it’s also the most common reason for a delay in the closing process. How it can delay closing.

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Kyle Handy

JANUARY 20, 2023

They’re someone investing in and improving their community. They’re putting old and damaged housing stock back onto the market. So, in looking for “distressed sellers,” what I’m looking for is people that I can help the most. So, let’s look deeper at my favorite strategies for finding houses to flip.

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HomeLight

MAY 24, 2022

But just how long does it take to close on a house with cash, compared to a traditional loan? The bulk of the time, however, is consumed by loan underwriting and processing. With a cash sale, you can skip a few steps in the typical closing process. Why pay cash for a home? Despite this, there are benefits to a cash offer.

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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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HomeLight

JULY 29, 2022

When you’re buying a house, the list of what can go wrong at closing includes everything from issues with the mortgage loan and buyer’s credit, insurance snags, appraisal problems, title claims, and events beyond everyone’s control (such as natural disasters, or buyer or seller illness or death).

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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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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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HomeLight

JULY 31, 2021

They look for motivated sellers who want to close quickly and avoid the potential complications of financing or sale contingencies, even if it means accepting a lower offer price,” he explains. In addition, these properties allow for multiple exit strategies for investors, including flips, short- or long-term rentals, or wholesales.”.

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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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