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The risk of zero-down loans while the Fed talks recession

Housing Wire

Bank of America recently announced a loan for lower-income households that doesn’t require homebuyers to come up with a downpayment or closing costs, and doesn’t base the loan on a minimum FICO score. So when you add move-up buyers, move-down buyers, first-time homebuyers, cash buyers and investors together, this can get out of hand.

Loans 544
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Find Cash Home Buyers in Houston for a Fast, Simple Sale

HomeLight

The Greater Houston area is expected to continue being a hot investor marketplace this year as its 7.2 Learn more: 7 of the Top We Buy Houses for Cash Companies in Houston However, first-time or fair-weather investors facing high interest rates and inflation have created some challenges in the Texas market.

Sales 93
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Dave Ramsey Predicts Mortgage Rates Will Go Down Soon in 2025

Marco Santarelli

Having navigated his own financial ups and downs, including a bankruptcy early in his career, he speaks from experience. Bond Market Yields: Mortgage rates tend to closely follow the yield on the 10-year Treasury note. This yield reflects investors' confidence in the economy and their expectations for future inflation.

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Selling a House ‘As Is’ in North Carolina

HomeLight

“As is” sales often attract investors searching for their next flip or buyers seeking a bargain, perhaps on a home in a great location with lots of potential. “I These companies can help sellers cash out quickly and many will cover a seller’s closing costs. Steps to list ‘as is’ with the help of a real estate agent.

As-is 112
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How to Get Cash for Your Home: A Step-by-Step Guide

HomeLight

— turn four walls and a roof into money in the bank, without the need for inconvenient showings, nail-biting appraisals , or a 50-day closing. The main method is to request a cash offer from an investor or cash-buying company that will likely purchase your home “as is.” says Andy Kolodgie , a real estate investor in Washington, D.C.

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The Best Mortgage Blogs From 2017 | Advice For Home Financing

Rochester Real Estate

Did you know if you file a Chapter 13 bankruptcy, you can immediately apply for an FHA loan? If you have filed a Chapter 7 bankruptcy, the wait is only 2 years. Some investors will allow a borrower to build an alternative credit report if they have zero credit by using a 12 month rental history and utility bills.

Finance 52
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Should I Get an Online Quote to Sell My House?

HomeLight

While they are sometimes comprised of small, local online buyers or investors, the companies reshaping the home sale landscape are larger investor groups and iBuyers (instant buyers), which tend to be corporations funded by large capital groups. Selling to an investor group or iBuyer isn’t attractive to everyone.