Lab Coat Agents

MAY 1, 2024

Additional Benefits No Mortgage Insurance Another significant benefit of assuming a VA loan is that there is no mortgage insurance required, even if the buyer puts less than 20% down. This can result in additional monthly savings compared to conventional or FHA loans with small down payments.

VA loan 52

VA loan Loans Debt-to-income ratio FHA loan 52

HomeLight

JANUARY 22, 2024

Matt Megel , managing partner with CAZA Group , which sells homes 85% faster than the average Virginia agent, says that unlocking their home’s equity on a budget is one of the main drivers for homeowners wanting to sell their property “as is.” “One Skip repairs and close in as few as 10 days.

As-is 96

As-is Inspection Equity Renovation 96

HomeLight

JANUARY 27, 2021

Mortgage insurance is extremely common for first-time buyers, and it’s often the fastest way to achieve homeownership and start building equity today, rather than waiting until you’ve saved up 20% — an unrealistic feat for many buyers. Plus, it only costs between 0.5% and 1% of your loan amount, annually.

Closing costs 117

Closing costs Loans Inspection Earnest money deposit 117

HomeLight

JULY 25, 2022

Average days on market for Florida. It’s going to be their first home,” says JoAnn, “They’re OK with some sweat equity, so it’s a good opportunity for them.”. These companies can help sellers cash out quickly and many will cover a seller’s closing costs. It’s sweat equity,” says Tom. Disclosures.

As-is 94

As-is Purchase and sale agreement Inspection Closing costs 94

HomeLight

SEPTEMBER 1, 2022

GSFA Platinum® Down Payment Assistance Program – Down payment and closing cost assistance up to 5.0% of the mortgage loan amount. GSFA OpenDoors® Down Payment Assistance Program – Down payment and/or closing cost assistance up to 7% of mortgage loan amount. Median days on market: 10.

Earnest money deposit 98

Earnest money deposit VA loan FHA loan Loans 98

HomeLight

NOVEMBER 29, 2021

Unfortunately, a tight real estate market with little inventory can make it challenging to find a house that fits your budget. Plus, down payment and closing costs in New Jersey can set you back thousands of dollars. If you stay in your home for more than six years, the money towards your closing costs is forgiven.

Land 96

Land Closing costs Purchase and sale agreement Loans 96

HomeLight

JANUARY 22, 2024

There are several reasons, which can range from a sudden change in circumstances, to the seller needing to access the equity in their home without making repairs. “It’s These companies can help sellers cash out quickly, and many will cover a seller’s closing costs. Why do sellers consider selling making a as-is home sale?

As-is 102

As-is Inspection Finance Investor 102