Remove Closing costs Remove Due diligence Remove Investor Remove Pre-qualification
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What’s the Deal with Making a Cash Offer on a House?

HomeLight

submit your purchase offer with a pre-qualification or preapproval letter from a lender, these funds aren’t a sure thing until the loan is fully approved. Make sure you’re already preapproved for your loan (or go through pre-underwriting, if possible) so waiting for that isn’t a factor. Though you can (and should!)

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Buying REO Homes? Here’s What to Do — And What Not to Do — According to Experts

HomeLight

“One of the best lessons I have learned over the years from other investors is that you don’t find deals, you make them,” explains Mark Motes, a real estate investor at Mark Buys Houses , who buys fixer-upper properties in the Birmingham, Alabama, market with a team of local experts. There is never a perfect investment situation.

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What Is a HUD Home? Are the Savings Worth the Risks?

HomeLight

Due to the nature of how a home becomes a “HUD home,” purchasing one differs from the traditional homebuying process, and there are a few qualifications, special incentives, and risks that any savvy homebuyer should be aware of. Get pre-qualified with a mortgage lender. Qualifying for a HUD home. No problem!

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20 Home Search Apps that Aim to Help You Close the Deal

HomeLight

It’s time for you to buy a house, and between the financial questions (how much will you need for closing costs? Investor portals. The site provides “investor-grade valuation” data to assess your home’s market worth and can connect you with real estate agents. what’s considered “overpaying” on a house?) Auction.com.

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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. If you want to work with real estate investor clients, read our own Sean Moudry’s simple, yet thorough run down: “ How to Explain 1031 Exchange Rules to Your Clients.” Closing costs.