Remove Bankruptcy Remove Due diligence Remove Short sale Remove Title
article thumbnail

Working Distressed Properties: How to Navigate and Win in This Evolving Market

HomeLight

Christina’s course: Working with Foreclosures and Short Sales. HUD Homes for Sale. Today, she has sold more than 4,000 homes total and around 2,500 of those have been foreclosures or short sales. I believe it’s gonna be a short sale market personally, until next year. Auction.com.

article thumbnail

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

HomeLight

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). Don’t worry: You will be refunded any extra.

Closing 104
Insiders

Sign Up for our Newsletter

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

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

Non-negotiable contingencies, on the other hand, can derail or significantly delay a sale. Title and lien contingencies. Review the detailed settlement document provided by the closing attorney and you’ll see a line item for a property title search. Short sale or bank approval contingencies.

article thumbnail

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

HomeLight

Beyond doing your due diligence online, it’s also a good idea to pick up the phone and put a voice to the business. Step 7: Clear the title. Once you’ve accepted an offer and entered into a purchase contract, the buyer will turn the contract over to the title or escrow company. Put a voice to a name.