HomeLight

AUGUST 9, 2022

It’s the first financial move you’ll make in securing your new home purchase. Down payment due dates can be a bit of a gray area. With the help of real estate experts, we’re breaking down all the details for how much you should pay and when the down payment is due. When is the down payment due? Loan origination fee.

Earnest money deposit 92

Earnest money deposit VA loan Purchase and sale agreement FHA loan 92

HomeLight

APRIL 29, 2022

“Some people have a lot more time and energy to engage and make the best of the sale, and some people don’t,” says George Graham , a top real estate agent in the Seattle, Washington, area. An as-is home sale often indicates that the home has some “big-ticket items” that won’t pass the required inspection or appraisal, he adds.

As-is 66

As-is Purchase and sale agreement Investor Inspection 66

HomeLight

MAY 27, 2021

Average closing costs in 2020 were $6,087, including prepaid taxes, according to ClosingCorp data. These costs vary widely by state, and you may be able to roll the closing costs into the loan — although that means paying interest on the closing cost amount for the life of the mortgage.

Loans 78

Loans Mortgages Title FHA loan 78

The Close

DECEMBER 29, 2022

This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. ” If a property is active contingent, a buyer has submitted an offer to purchase a property, but the sale won’t be finalized until certain conditions, or contingencies, are met. Active contingent. Call option.

Purchase and sale agreement 98

Purchase and sale agreement Title Proof of funds Pre-approval 98