Remove Bankruptcy Remove Due diligence Remove Sales Remove Title search
article thumbnail

How to Avoid a Delayed Closing: 7 Common Roadblocks to Be Aware of

Redfin

To avoid a closing delay or, even worse, the sale falling through, it’s essential to be upfront and honest with your loan officer. The home appraisal is lower than the sale price. Clouds on the title. Before you can close the deal, you’ll need to make sure that the title is clear. How to remedy the situation.

Closing 62
article thumbnail

House Deed vs Title: How to Keep Their Meanings Straight

HomeLight

Essentially, title and deed are both related to the important question of who truly owns a particular piece of real estate and has the rights to it. Let’s take a deeper look at what a house title is; the different types of deeds used in real estate; and related terms including chain of title, title search, title insurance, and title abstract.

Title 109
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

HomeLight

Do you need to connect with cash home buyers in Houston for a fast sale? Whatever your reason for needing a quick sale without making expensive repairs, Houston is teeming with cash home buyers ready to make you an offer no matter your home’s condition. Need to Sell Your House Fast in Houston? No showings, no repairs, no open houses.

Sales 64
article thumbnail

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

HomeLight

Everyone involved will need time to perform their due diligence. A cash sale: Start to finish. 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.

article thumbnail

Eliminating Stringent Contingencies: How to Make a Contingent Offer Stronger

HomeLight

Sales contingency. If something jeopardizes your sale, then their deal with you is now also at risk. A settlement contingency is similar to a sales contingency, but in this case, you’ve already found a buyer for your house and you’re just waiting to close. Title and lien contingencies. Settlement contingency.

article thumbnail

25 Nightmare Scenarios That Can Disrupt Closing (And How to Avoid Them)

HomeLight

That likely went right to your lender, so ask to get a copy from either them or directly from the title company. There are certain properties I would immediately order a title search before I do anything else: A foreclosure , a short sale , a bankruptcy, an estate sale,” Houck says.

Closing 103
article thumbnail

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

HomeLight

Reports from the National Association of Realtors show that nearly a quarter of existing home sales were made with all-cash in the spring of 2021 — but how do you go about finding your cash buyer? Our guide aims to address the urgency of needing cash with the level of thought and care that a sale of this weight requires. Good bones.