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17 Home Closing Delays and How You Can Avoid Them

HomeLight

Out of the delayed contracts, the most common causes were financing issues (37%), followed by appraisal issues (18%) and inspection issues (16%). Loan approval. For most buyers, financing a home through a bank or lender with a mortgage loan is necessary to purchase the property. is not a simple or finite one. Dodge move.

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This Is How To Profitably Find Houses To Flip In 2023

Kyle Handy

Others know that their property isn’t going to pass a house inspection. You can target advertising on Google or Facebook to people interested in bankruptcy or foreclosure. Even people with credit card debts looking up personal loans could be in this category. Some of them inherited property with problems.

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6 of the Top We Buy Houses for Cash Companies in Atlanta

HomeLight

Some companies may make a preliminary offer at this stage, but it’s usually subject to change once they’ve inspected your property. Founded in 2014 , We Buy Houses Hotlanta is a family-owned operation that advertises Creative Real Estate and Short Sale certifications on their website. Sale timeline. Inspections / repairs.

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What Buyers Need to Know About Making an Offer on Active Contingent Listings

HomeLight

Common contingencies include issues with appraisals, home inspections, or the buyer’s home sale. So he knows all the twists and turns that can occur between an accepted offer and a closed sale. Inspection contingencies. Inspection contingencies can be waived. Let’s take a look at a few of the most common ones.

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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).

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Selling a House ‘As Is’ in North Carolina

HomeLight

Schaus does business in the area of Fort Bragg, which means that Department of Veterans Affairs home loans ( VA loans ) are used very often by buyers. Considering 80% of Americans say they would prefer to buy a move-in-ready home, an “as is” sale likely has a reduced buyer pool from the start.

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

HomeLight

But just how long does it take to close on a house with cash, compared to a traditional loan? The bulk of the time, however, is consumed by loan underwriting and processing. While this typically takes just a few days, if the home has been through a foreclosure or short sale, it could take longer. Setting the standard.