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Reverse purchase financing: The financing option no one is talking about

Housing Wire

That’s where reverse purchase financing comes into play, the funding option specifically designed for older Americans. For real estate professionals, this option presents an opportunity to capture more sales. Recently, Interested Party Contributions (or seller concessions) have been allowed with HECM for Purchase loans.

Finance 428
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Agent commission lawsuits cast long shadow over VA, FHA borrowers

Housing Wire

Not helping FHA, VA borrowers get off the sidelines Under current FHA rules, sellers can contribute up to 6% in concessions to FHA borrowers to cover closing costs, prepaid expenses and discount points. “But agent commissions have never been a closing cost from a buyer perspective. Grant said.

VA loan 443
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How to Beat a Contingent Offer on the House You Want

HomeLight

From getting pre-approved for your mortgage to offering flexible closing dates, these strategies are designed to put you in a stronger position. Limit or eliminate seller concession requests When crafting an offer that stands out, minimizing or completely avoiding requests for seller concessions can significantly boost your chances.

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17 Tips to Sell Your House in a Down Market

HomeLight

Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. When a market turns down, and the number of buyers decreases, knowing every potential issue that could affect the sale of your home can be important.

Marketing 101
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Opendoor vs Offerpad: How Do These Homebuying Companies Match Up?

HomeLight

Alternatively, HomeLight can provide an all-cash offer to purchase your home through our Simple Sale platform. This enables you to skip many of the typical hassles of selling a house (repairs, showings, open houses), and close in as little as 10 days. They also offer a home listing option for home sellers.

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What to Know About Selling Your Home in Houston, Texas

HomeLight

Whether or not you’ll want to push back or negotiate with the buyer will depend on hyperlocal, recent sales trends, so consult your Realtor® to discern promising offers and know what latitude market conditions may or may not allow. Cost to sell a house in Houston. Common expenses for home sellers in Houston.

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What to Know About Selling a House in Austin, Texas

HomeLight

In the current shifting market, sellers in Austin have several strategies to consider. End-of-year listings have historically garnered the highest sales prices in the Austin market. To determine how much you will make, let’s look at the overall cost to sell a house and what specific expenses you might face.