HomeLight

MARCH 21, 2022

Different companies offer different amounts for homes, but the price discount can be steep. These companies can also provide a quick and flexible closing, reduce or eliminate the need for repairs, and in many cases will cover all of a seller’s closing costs. Certain investors on HomeLight’s Simple Sale platform.

Closing costs 93

Closing costs Home sale contingency Investor Closing 93

HomeLight

MARCH 13, 2023

Whatever your reason for needing a quick sale without making a substantial investment, the Orlando real estate market is teeming with cash buyers ready to make a deal no matter your home’s condition. The benefit of cash offers for sellers is that these deals tend to close faster and have fewer risks , ” she explains. “We

Sales 79

Sales Investor Due diligence Renovation 79

HomeLight

JANUARY 4, 2022

It wasn’t long ago that the decision to sell your house for cash was associated with a neglected or foreclosed property whose value had plummeted, as an investor swooped in to snatch it up for a bargain. Buy-and-hold investors. Who’s paying cash for houses? Here are some of the most common sources of cash offers in 2022.

Investor 98

Investor Finance Inspection Sales 98

HomeLight

OCTOBER 30, 2020

A cash deal can close in as little as 7 days, while financed home purchases tend to take an average of 45 days to close. And if you add a home sale contingency into the mix (that is, if you need to sell your current home before you can buy a new one), closing the deal can take even longer.

Closing 108

Closing Inspection contingency Title search Purchase and sale agreement 108

HomeLight

MARCH 31, 2023

When it comes to real estate, a bridge loan (sometimes known as a swing loan or bridging loan) is a short-term loan to help homeowners during the transition of buying a new home while selling their current home. As an investor, you need to quickly take advantage of a fix-and-flip opportunity. “A

Loans 72

Loans Debt-to-income ratio Equity Finance 72

HomeLight

APRIL 15, 2022

After some email back-and-forth, they get their final iBuyer offer: Offer details: 98% of what a real estate agent estimated they could earn, minus a 5% service fee, a $2,000 repair credit, and 1% in closing costs. . They find this offer to be satisfactory and are able to close in days without mortgage lender involvement.

Title 81

Title House Flipping Title search Sales 81

HomeLight

JULY 31, 2022

Home sale contingency. If you own a home, you can include a home sale contingency in your offer that states you have to sell your current home before purchasing this home. If your home doesn’t sell within a specified time frame, the purchase contract can be canceled. Closing date.

Earnest money deposit 86

Earnest money deposit Agents Purchase and sale agreement Title 86