Marco Santarelli

SEPTEMBER 19, 2023

Understanding the Real Estate Market Before you start investing in real estate, it's crucial to develop a solid understanding of the market. Learning about the different types of properties available and the specific investment strategies relevant to each sector will help you develop a well-rounded real estate investing portfolio.

Purchase and sale agreement 52

Purchase and sale agreement Finance Due diligence Investor 52

HomeLight

MAY 27, 2021

Average closing costs in 2020 were $6,087, including prepaid taxes, according to ClosingCorp data. These costs vary widely by state, and you may be able to roll the closing costs into the loan — although that means paying interest on the closing cost amount for the life of the mortgage.

Loans 83

Loans Mortgages Title FHA loan 83

HomeLight

MARCH 16, 2023

There are just not enough buyers who have a good credit rating and can get bank underwriting,” he says. Although you’ll typically receive a discounted offer from a cash home buyer, you’ll save on costs that take a sizable piece of your profit, such as 6% real estate agent commission. A house-buying company generally pays closing costs.

Sales 67

Sales Purchase and sale agreement Earnest money deposit Investor 67

HomeLight

APRIL 30, 2022

It’s time for you to buy a house, and between the financial questions (how much will you need for closing costs? Auction.com calls itself the nation’s largest online auction marketplace for foreclosure and bank-owned properties. what’s considered “overpaying” on a house?) Auction.com.

Closing 87

Closing MLS Pre-qualification Due diligence 87

Norada Real Estate

FEBRUARY 21, 2022

Imagine this – After you make the down payment and pay all closing costs, the renter pays off your mortgage. However, it requires due diligence, on your part, to ensure you get the best return on your investment. How is the economic development of the area? How good is that?

Purchase and sale agreement 111

Purchase and sale agreement Investor Due diligence As-is 111

HomeLight

MARCH 10, 2023

The successful flippers are the ones who have developed good relationships with contractors to keep them honest.” Develop your budget A budget that takes into account all repairs, fees, and the unexpected is a key piece to successfully flipping a home. Procopio says the biggest mistake flippers make is not doing their due diligence.

House Flipping 89

House Flipping Renovation Investor Finance 89

HomeLight

SEPTEMBER 30, 2022

Even with new construction homes it’s important to do your due diligence. If privacy is a concern, you’ll want to consider how close your home will be to that of your neighbors. You may want to get a copy of the area’s development plans to review current and future traffic patterns. Find Agent.

Construction 105

Construction Purchase and sale agreement New Construction Inspection 105

HomeLight

SEPTEMBER 15, 2021

If you want to sell property that is part of a development, odds are you’re already part of a Homeowners Association (HOA) that runs the whole thing. This stage takes an average of 51 days while the buyer, their agent, and their lender will conduct their own due diligence. Homeowners Association (HOA) documents. Quite a bit.

Purchase and sale agreement 112

Purchase and sale agreement Inspection Title Pre-approval 112

The Close

DECEMBER 29, 2022

Clients might be interested in an ARM because it allows borrowers to take advantage of interest rate decreases without having to go through a whole refinance process and pay additional closing costs. Closing costs. Clients will need an exact accounting of the total amount owed in closing costs.

Purchase and sale agreement 98

Purchase and sale agreement Title Proof of funds Pre-approval 98