HomeLight

SEPTEMBER 30, 2020

But what if you’re buying a short sale? Does that mean you might encounter even more reasons to cry while trying to get a short sale mortgage loan ? Securing a short sale mortgage loan isn’t that different from purchasing a standard home. What’s a short sale ?

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Short sale Loans Sales FHA loan 138

HomeLight

OCTOBER 5, 2020

As fate would have it, right when you’re ready to start seriously searching for a home to buy, your dream house is listed for sale as a short sale. If you don’t know about short sale requirements for buyers, you might feel like you’re out of luck. What’s a short sale?

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Short sale Sales Pre-approval Pre-qualification 73

HomeLight

MAY 27, 2021

But when it comes to one of the key aspects of buying that home — how to get a mortgage loan — you may draw a blank. We include advice from an agent who has worked with hundreds of new buyers, descriptions of different loans, and information about the many kinds of paperwork you’ll deal with. Source: (Matthew Henry / Burst).

Loans 78

Loans Mortgages Title FHA loan 78

The Close

JUNE 15, 2022

Closing costs 42. Who pays closing costs? Closing costs for seller 44. FHA loans. FHA vs conventional loans. How much does it cost to sell a house? How to get preapproved for a home loan. Townhomes for sale 36. Short sale process. Curb appeal 66.

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Closing costs Title Inspection Closing 94

HomeLight

SEPTEMBER 1, 2022

These are called comparable sales , or comps, because they should be similar to your home in terms of size, age, location, and condition. To get the mortgage loan amount you will need to purchase the home with the size of down payment you want to make, the home must appraise for at least the price you agreed to pay for it.

Purchase and sale agreement 75

Purchase and sale agreement Earnest money deposit Short sale Loans 75

HomeLight

MAY 23, 2022

These companies can help sellers cash out quickly and many will cover a seller’s closing costs. Be aware of minimum property standards for certain loans. When you place your home on the market, it’s hard to predict if your top offer will come from a cash buyer or a buyer pre-qualified for a home loan.

As-is 90

As-is Purchase and sale agreement Inspection Closing costs 90

HomeLight

DECEMBER 29, 2023

Depending on their situation, whether they’re facing foreclosure, price becomes way more important to what we have to do for the short sale with the bank. These companies can help sellers cash out quickly, and many will cover a seller’s closing costs.

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As-is Inspection Finance Investor 87