HomeLight

JULY 31, 2020

There’s a house for sale that you want to buy. Loan approval. For most buyers, financing a home through a bank or lender with a mortgage loan is necessary to purchase the property. The appraisal is lower than the purchase price. Closing on a house seems pretty straightforward. You send your offer to the seller.

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Closing Purchase and sale agreement Title search Earnest money deposit 113

HomeLight

NOVEMBER 9, 2021

If you need to move even more swiftly than that, selling to an online direct buyer through a platform like HomeLight’s Simple Sale could take as little as 10 days. The Simple Sale process frees you of the hassle of staging your home and jumping through hoops for the buyer’s lender. Direct Buyer (Simple Sale). Traditional Sale.

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Redfin

MARCH 3, 2022

You’ll want to rethink purchasing that beautiful new couch and hold off on planning those backyard additions before the title has been cleared. Unless you’re submitting an all-cash offer, you’ll need to obtain financing to purchase your home. The home appraisal is lower than the sale price. How to remedy the situation.

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HomeLight

OCTOBER 29, 2020

Because the stakes are high when it comes to property transactions, contingencies are written into the purchase agreement , and in most cases, action must be taken toward satisfying those contingencies within a certain time frame. In these cases, buyers make up the difference between the purchase price and the appraisal with cash.

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HomeLight

AUGUST 16, 2021

As Richie Helali , mortgage sales leader at HomeLight Loans explains “You have to actually report the income. They will also consider your current and previous debts that resulted in foreclosures or bankruptcies. Smaller issues like court judgments can also result in not getting your mortgage approved. Bankruptcy paperwork.

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HomeLight

JUNE 30, 2021

There’s more that goes into making an offer besides landing on a purchase price. Some states require only 40 hours of pre-licensing classes, while others may require more than 200 hours, for example. Lenders can also approve you for different loan amounts, give you different interest rates, and charge varying fees.

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HomeLight

MARCH 16, 2023

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.

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