HomeLight

OCTOBER 5, 2020

As fate would have it, right when you’re ready to start seriously searching for a home to buy, your dream house is listed for sale as a short sale. If you don’t know about short sale requirements for buyers, you might feel like you’re out of luck. What’s a short sale?

Short sale 73

Short sale Sales Pre-approval Pre-qualification 73

Realty Biz

SEPTEMBER 23, 2023

When choosing a buyer's agent, consider factors like experience and qualifications. Understanding the mortgage process, including prequalification and pre-approval, is also essential. Understanding the mortgage process, including prequalification and pre-approval, is also essential. What is a Buyer's Agent Agreement?

Purchase and sale agreement 73

Purchase and sale agreement Pre-approval Agents Pre-qualification 73

RIS Media

SEPTEMBER 21, 2020

Approved for short sale : A term that indicates that a bank has approved a homeowner for a reduced listing price on a home, and said home is ready for resale. Closing costs : Fees associated with the purchase of a home due at the end of the sales transaction. The document includes loan terms, monthly payment and closing costs.

Pre-approval 64

Pre-approval Pre-qualification Title search Inspection 64

HomeLight

AUGUST 16, 2021

What is an REO sale? If it sells, the lender recoups some of the outstanding loan amount through the sale. There is never a perfect investment situation. It is your skill as an investor to make educated decisions about your investment decisions.”. Source: (Andre W. Nguyen / Unsplash). Finding REO homes: How the experts do it.

Banks 103

Banks Pre-qualification Investor Short sale 103

The Close

DECEMBER 29, 2022

This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. ” 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. Active contingent. What About ARMs?

Purchase and sale agreement 97

Purchase and sale agreement Title Proof of funds Pre-approval 97

HomeLight

JULY 31, 2020

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. In fact, buyers should go one step further (if they can) and get pre-underwritten for a loan , which offers even more security for both buyers and sellers. Loan approval.

Closing 104

Closing Purchase and sale agreement Title search Earnest money deposit 104

HomeLight

JANUARY 4, 2022

While that still happens in scenarios where a seller can’t afford repairs or is facing serious issues with a property, cash sales have expanded beyond the distressed homes market, as sellers benefit from new technologies, instant sale platforms , and a competitive housing environment that has increased the percentage of cash offers.

Investor 98

Investor Finance Inspection Sales 98