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Buying a Foreclosure at a Home Auction? Here’s How Much You’ll Probably Spend

HomeLight

If the home is being foreclosed on, it’s likely because the owner couldn’t make the loan payments — not just once, but typically for about 120 consecutive days, or four months in a row — whether due to overwhelming debt, job loss, medical payments, or other reasons. And if so, how much of a discount can you expect?

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5 of the Top We Buy Houses For Cash Companies in New Jersey

HomeLight

Maybe your company is transferring you from Atlantic City to Las Vegas, and you don’t have time for a lengthy home sale process. HomeLight’s Simple Sale platform provides full cash offers for homes in almost any condition nationwide and in New Jersey. Links and mentions of companies in this post do not constitute an endorsement.

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Selling to Florida Cash Home Buyers: Tips from Experts

HomeLight

Looking to connect with a Florida cash home buyer for a quick sale in the Sunshine State? HomeLight’s Simple Sale platform provides all-cash offers, giving clients a fast, stress-free home selling experience without having to worry about additional repairs or prep work and with no additional fees, commissions, or upfront costs.

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How Long Does It Take to Close On a House With Cash in 2022? Here’s Your Timeline

HomeLight

He speculates that this is likely due to “the competition we’re facing now. Everyone involved will need time to perform their due diligence. 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. Why does it take this long?

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How to Buy a House at Auction: A Guide for Foreclosure Newbies

HomeLight

There are also tax auctions , wherein the IRS has seized a home due to unpaid property taxes and is now attempting to recover losses. Reserve auctions are similar to minimum-bid auctions in that there is a fixed price that must be met to finalize the sale, but a reserve price is kept under wraps, while a minimum bid is clearly stated.

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How to Get a Mortgage Loan: A Step-By-Step Guide for First-Timers

HomeLight

But when it comes to one of the key aspects of buying that home — how to get a mortgage loan — you may draw a blank. No one daydreams about filling out mortgage applications, and the process is complicated because you have to keep track of so many details and make so many choices. Source: (Matthew Henry / Burst). Step 1: Prepare your finances.

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Eliminating Stringent Contingencies: How to Make a Contingent Offer Stronger

HomeLight

Choosing a qualified agent and searching for the perfect home in terms of ideal size, location, price, and condition can already feel like a journey, but making an offer on a property is when the challenge really begins. Is it an understatement to say that buying a house can be a complicated process? Source: (JJ Badenhorst / Unsplash).