HomeLight

OCTOBER 29, 2020

That’s why financed offers come with appraisal contingencies — the loan can’t clear until the home has been appraised and the lender knows they’re not lending you too much for the home. It’s difficult to fully circumvent the appraisal process when financing is involved, but these numbers aren’t necessarily a dead end. Buyer financing.

Purchase and sale agreement 77

Purchase and sale agreement Pre-approval Earnest money deposit Inspection 77

HomeLight

JANUARY 13, 2022

Financing contingencies. Buyers who purchase their homes using a mortgage typically use financing contingencies , which give them time to apply for and receive the loan needed for the deal to go through. And if you can’t get financed for the house, you won’t still be obligated to buy it — a big benefit! Title contingencies.

Backup offer 74

Backup offer Inspection contingency Purchase and sale agreement Home sale contingency 74

HomeLight

AUGUST 31, 2020

Tax liens are discoverable during a title search — even if the lien data isn’t an exact match. Tax liens will be discovered during a title examination. In Georgia, the liens can be found in the Georgia Property Records Search. They don’t have to talk to your real estate agent, or the title company.

Bankruptcy 90

Bankruptcy Equity Title Closing 90

HomeLight

JULY 31, 2021

Brian Martucci , a personal finance expert for Money Crashers , says that cash buyers tend to target the types of properties and sellers that reinforce the inherent advantages of their strategy. A 10-day closing translates as getting your home sold around five times faster than with a buyer who needs financing in today’s market.

Earnest money deposit 98

Earnest money deposit Inspection Proof of funds Inspection contingency 98

HomeLight

MARCH 16, 2023

Investors offer alternatives to foreclosure and bankruptcy About 60% of sellers who contact Ramcharitar are behind on their mortgage payments. While some homeowners opt for foreclosure in a distressed situation, others decide to declare bankruptcy.

Sales 63

Sales Purchase and sale agreement Earnest money deposit Investor 63

HomeLight

AUGUST 10, 2022

With 15 years in the business, Diamond Equity Investments say they’ll buy houses being sold for any reason such as bankruptcy or foreclosure, in any condition — even fire damage — and that have baggage like large liens, title issues, or low equity. Title search. Cash-for-homes companies often handle title issues.

Closing costs 73

Closing costs Purchase and sale agreement Closing Staging 73

HomeLight

AUGUST 10, 2022

The company states that they regularly provide solutions for sellers in a pending foreclosure or facing bankruptcy and will buy houses in any condition, even requiring complete renovations. They’ll also take care of any necessary inspections and title work. Title search. Cash-for-homes companies often handle title issues.

Closing costs 73

Closing costs Purchase and sale agreement Closing Inspection 73

HomeLight

JANUARY 25, 2023

In addition to providing cash-for-homes options, it also runs a broader homebuilding, financing, and real estate operation. The company also highlights that they work to help people avoid common problems through their home sale, including foreclosures, credit issues, and bankruptcy. Easy Homes 123 Website: easyhomes123.com/we-buy-houses-lakeland

Purchase and sale agreement 71

Purchase and sale agreement Closing costs Closing Agents 71

HomeLight

JULY 28, 2022

The owners, who have lived through a home fire and bankruptcy both, understand difficult situations and place their focus on people helped over properties turned. Title search. Cash-for-homes companies often handle title issues. Must clear title before you can sell home. Financing contingency. average.

Closing costs 70

Closing costs Purchase and sale agreement Closing Staging 70