HomeLight

AUGUST 31, 2021

From the seller’s point of view, it doesn’t make much difference whether the cash comes from the buyer’s personal bank account or from a mortgage loan. The associated contingencies , which come with additional risks for the seller, are where you’ll find most key distinctions between a cash offer and an offer backed by a mortgage loan.

Due diligence 95

Due diligence Inspection Pre-approval Pre-qualification 95

HomeLight

APRIL 19, 2021

Painting and refacing cabinets in your new home are doable, but if you’re eager to make bigger home improvements after your purchase, know that many buildings only allow a few units to be renovated at a time. Getting the necessary approvals can take up to four months, so plan for this ahead of time. Inspections & attorneys.

Earnest money deposit 71

Earnest money deposit Inspection Due diligence Agents 71

HomeLight

MARCH 31, 2021

More than half of those surveyed by Chase bank in 2019 plan to stay in their home, choosing to renovate rather than pack up. Federal Reserve, the country’s central bank, controls interest rates. days in February 2021 , according to the Federal Reserve Bank of St. When rates dip, so do interest charges.

Marketing 98

Marketing Banks Land Sales 98

HomeLight

JANUARY 28, 2022

We buy houses” companies are flippers who purchase properties “as is” for cash and renovate them, generating a profit at resale. After renovating the house, the company sells it at a significantly higher price — sometimes in a matter of weeks! There are times in life when you need cash in your bank account, not in a home’s equity.

Purchase and sale agreement 107

Purchase and sale agreement Investor Agents Sales 107

HomeLight

JANUARY 4, 2022

Often, the process has already started and the homeowner only has a few weeks to a month before they lose their house to the bank and their credit score is destroyed,” says Steinemann. They need an out immediately.”. Turnkey homes are in especially high demand.

Investor 98

Investor Finance Inspection Sales 98