Realtor.com

JANUARY 9, 2023

Nationwide, this had ratcheted up the cost of borrowing money for a house by about 70%. “We spoke to the owner about owner financing,” Shirshikov says. “The process is simple: A lawyer drafted up a note, placed a lien on the property, and transferred the title at closing,” explains Shirshikov.

Finance 69

Finance Loans Mortgages Banks 69

Housing Wire

NOVEMBER 30, 2022

The company also made headlines in October for its decision to offer an Attorney Opinion Letter product for VA direct and VA-backed home loans as a compliant alternative to title insurance. Last summer, Voxtur bought mortgage servicing rights trading platform Blue Water Financial Technologies.

Industrial 370

Industrial Title Lending Technology 370

HomeLight

FEBRUARY 26, 2024

Denise Madan , a luxury home real estate agent in Florida with 25 years of experience, explains that, initially, the process mirrors a traditional home purchase, but then often requires some creative financing. However, for a [million-dollar home], they are often going to do two loans. Madan says not all buyers have a 20% down payment.

Purchase and sale agreement 103

Purchase and sale agreement Debt-to-income ratio Equity Loans 103

Realty Biz

FEBRUARY 19, 2024

However, the process involves intricate steps, from understanding zoning laws to securing financing and conducting due diligence. Next, we'll explore financing options and the specifics of land loans, a critical step in acquiring land. Financing Hurdles Financing land can be tricky.

Land 126

Land Due diligence Title search Finance 126

HomeLight

MAY 8, 2024

However, “as is” sales often attract investors searching for their next flip or buyers seeking a bargain, perhaps on a home in a great location with lots of potential. These companies can help sellers cash out quickly, and many will cover a seller’s closing costs. It’s important to find the right match.

As-is 92

As-is Inspection Finance Residential 92

Realty Biz

MARCH 28, 2023

However, many real estate investors can rely on something called an “owner-occupied” home to build rental income as well as save on housing costs. The arrangement is most often used by real estate investors who both live in a property and also provide separate spaces to tenants for rent.

VA loan 76

VA loan FHA loan Debt-to-income ratio Investor 76

Norada Real Estate

JANUARY 26, 2023

As a result, real estate investing requires a different set of skills and knowledge than other forms of investing, and it may not be suitable for all investors. Here are 3 Important Things Every Real Estate Investor Should Know How to Locate Properties Location is crucial in real estate investing.

Investor 52

Investor Due diligence Renovation Property Management 52

Kyle Handy

MAY 5, 2023

This allows you to take out a new mortgage loan for a larger amount than your original loan. Then, you can take out the difference between these loans in cash. Traditional Financing Traditional financing is what most people think of when buying a property. Essentially, you are turning some of your equity into cash.

Hard money loan 92

Hard money loan Property Management Equity Closing costs 92

Kyle Handy

JANUARY 18, 2023

Unfortunately, calculating ROI can be complicated and intimidating for novice real estate investors. Fortunately, straightforward strategies enable even first-time investors to assess their rental properties’ profitability accurately. It’s important to remember that this includes any closing costs or other fees.

Property Management 88

Property Management Renovation Investor Closing costs 88

HomeLight

JANUARY 22, 2024

As is” sales often attract investors searching for their next flip or buyers seeking a bargain, perhaps on a home in a great location with lots of potential. These companies can help sellers cash out quickly, and many will cover a seller’s closing costs. Homes sold “as is” often need work or might be cosmetically outdated.

As-is 94

As-is Inspection Equity Renovation 94

HomeLight

DECEMBER 31, 2023

As is” sales often attract investors searching for their next flip or buyers seeking a bargain, perhaps on a home in a great location with lots of potential. These companies can help sellers cash out quickly, and many will cover a seller’s closing costs. Homes sold “as is” often need work or may be cosmetically outdated.

As-is 87

As-is Inspection Finance Loans 87

Marco Santarelli

MAY 2, 2024

Global Economic Conditions: A shaky global economic picture adds to the uncertainty, impacting investor confidence and influencing mortgage lenders' borrowing costs. Geopolitical instability can lead to increased risk aversion among investors, which can impact mortgage rates in unpredictable ways.

Mortgages 52

Mortgages Fixed-rate mortgage Investor Loans 52

Realty Biz

AUGUST 27, 2022

In response to today’s pricey economy, Micheal “Mike” Price (Mortgage License #244007, Real Estate Salesperson License #720851), Owner and President of LTI Mortgage, now offers “The Hybrid Agent Program” to save buyers and investors lots of money. His company’s financing rates are lower than the majority of other lenders and banks.

Agents 76

Agents Mortgages Closing costs Finance 76

Marco Santarelli

APRIL 24, 2024

Should you put your homebuying dreams on hold, hoping for rates to decrease, or lock in a loan now? There's no magic formula, but let's dissect the situation like a savvy real estate investor. It's important to consider any associated fees with refinancing, such as closing costs, to ensure it makes financial sense in your situation.

Pre-approval 52

Pre-approval Mortgages FHA loan Fixed-rate mortgage 52

HomeLight

JUNE 28, 2021

From bidding to buying to financing to special incentives — we’re talking all things HUD homes to help you decide if this property type fits your financials and lifestyle. FHA loans are geared toward individuals in need of lower down payments, or those who may not qualify for conventional loans due to lower credit scores.

Pre-approval 97

Pre-approval Pre-qualification FHA loan Inspection 97

HomeLight

MARCH 30, 2022

Whether you’re an investor looking for a speedy sale so you can move on to your next deal or a homeowner trying to unload a property quickly to avoid financial strain, you’re in search of real estate cash buyers to purchase your house without a lengthy or uncertain process. Reduce the time it takes to close your sale.

Sales 99

Sales Investor Renovation Due diligence 99

Louisville Homes

SEPTEMBER 17, 2021

As a real estate investor, how can you tell when a real estate investment is making enough profits to justify the money and effort put into it? To determine ROI, divide the annual return on the property by the cost of the property. The method will vary slightly for a cash property versus a property financed with a bank loan.

Finance 52

Finance Closing costs Banks Investor 52

Marco Santarelli

APRIL 19, 2024

While offering a lower interest rate than the 30-year fixed option, the 15-year loan also comes with a higher monthly payment, so this increase can affect affordability for borrowers who were counting on a specific budget range. The Treasury note is essentially a loan you make to the U.S.

Mortgages 52

Mortgages Fixed-rate mortgage Loans Closing costs 52

HomeLight

JANUARY 24, 2023

Closing costs: Sellers do not have to pay any fees to Five Hills Investors for their services, although they may be required to pay closing costs. In some cases, Five Hills Investors, LLC covers them — but this is not guaranteed. Individual investor fees may vary.

Purchase and sale agreement 79

Purchase and sale agreement Closing costs Closing Investor 79

HomeLight

JULY 28, 2022

They are careful to visit properties before proposing an offer, and once doing so, the company does not subtract commissions or fees during the closing process. Closing costs: Sellers pay no closing costs; We Buy Ugly Houses covers them. Individual investor fees may vary. stars out of 5 , and has 4.6

Closing costs 77

Closing costs Purchase and sale agreement Investor Closing 77

HomeLight

DECEMBER 2, 2022

Investors are also very active in the Gainesville market and may find themselves in need of an influx of quick cash to manage other properties. He currently buys and sells about 20 properties per year, working with a wide variety of sellers, from local investors to out-of-state owners who are selling property inherited from their parents.

Purchase and sale agreement 83

Purchase and sale agreement Closing costs Closing Investor 83

HomeLight

JULY 28, 2022

They are careful to visit properties before proposing an offer, and once doing so, the company does not subtract commissions or fees during the closing process. Closing costs: Sellers pay no closing costs; We Buy Ugly Houses covers them. Individual investor fees may vary. stars out of 5 , and has 4.6

Closing costs 81

Closing costs Purchase and sale agreement Closing Investor 81

HomeLight

APRIL 14, 2023

Closing costs: Sellers pay no closing costs; House Heroes charges no fees. Partner investors have a wide range of investment strategies, including fix-and-flip and buy-and-hold. Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. The company has a 4.2-star

Purchase and sale agreement 89

Purchase and sale agreement Closing costs Closing Sales 89

HomeLight

APRIL 11, 2023

Closing costs: Sellers pay no closing costs; Express Homebuyers covers them. Partner investors have a wide range of investment strategies, including fix-and-flip and buy-and-hold. Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight.

Purchase and sale agreement 89

Purchase and sale agreement Closing costs Closing Sales 89

HomeLight

AUGUST 12, 2022

Closing costs: Sellers pay no closing costs; We Buy Houses ® covers them. Simple Sale has a network of cash buyers on its platform, and partner investors have a wide range of investment strategies, including fix-and-flip and buy-and-hold. Individual investor fees may vary. stars out of 5 , and has 4.6

Closing costs 88

Closing costs Purchase and sale agreement Closing Staging 88

Realty Biz

SEPTEMBER 28, 2022

Most buyers don’t usually have a large amount of money, so they often use their banks’ financing to help them buy homes. That could decrease the loan amount the homeowners can take out to buy the residence. When buying real estate, investors are looking for properties that require some repair and/or renovation.

Purchase and sale agreement 75

Purchase and sale agreement Inspection Investor Closing costs 75

HomeLight

AUGUST 31, 2021

A cash offer simply means that a buyer already has the funds available to buy the house and can pay for it without securing a mortgage loan. From the seller’s point of view, it doesn’t make much difference whether the cash comes from the buyer’s personal bank account or from a mortgage loan. There’s no financing contingency.

Due diligence 80

Due diligence Inspection Pre-approval Pre-qualification 80

HomeLight

JANUARY 25, 2023

They also specialize in quick sales, stating on their website that they usually deliver a cash offer within one hour and can close in as little as seven days. Closing costs: Sellers pay no closing costs; BluRobin Homes covers them. Individual investor fees may vary. Reviews: Rob JR Buys Houses has 4.5

Purchase and sale agreement 77

Purchase and sale agreement Closing costs Closing Agents 77

HomeLight

FEBRUARY 28, 2023

Once contacted, a buying manager will conduct in-depth research on your property to provide you with a cash offer for your home, eliminating the need to make repairs or deal with closing costs and commissions. Both real estate investors, the two kept in touch after meeting and decided to work together on joint venture deals.

Purchase and sale agreement 79

Purchase and sale agreement Closing costs Closing Sales 79

HomeLight

DECEMBER 1, 2022

Closing costs: Sellers pay no closing costs; We Buy Ugly Houses covers all normal closing costs. Simple Sale has a network of cash buyers on its platform, and partner investors have a wide range of investment strategies, including fix-and-flip and buy-and-hold. Individual investor fees may vary.

Purchase and sale agreement 81

Purchase and sale agreement Closing costs Closing Investor 81

HomeLight

AUGUST 16, 2021

“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.

Banks 104

Banks Pre-qualification Investor Short sale 104

HomeLight

APRIL 11, 2023

Best Cash Offer in Texas shares on its website that by using an in-house construction team, it is able to keep offers both fair and consistent throughout the transaction (some house-buying companies are known to drop the value of their offer last minute before closing). Individual investor fees may vary.

Purchase and sale agreement 78

Purchase and sale agreement Closing costs Closing Agents 78

HomeLight

JANUARY 25, 2023

Closing costs: We Buy Houses World’s website doesn’t specify closing costs, but they do state that their service is free. Partner investors have a wide range of investment strategies, including fix-and-flip and buy-and-hold. Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight.

Purchase and sale agreement 82

Purchase and sale agreement Closing costs Closing Agents 82

HomeLight

AUGUST 24, 2022

Closing can happen within a week, or on a timeline that works best for all parties. Closing costs: No closing costs for sellers. Simple Sale has a network of cash buyers on its platform, and partner investors have a wide range of investment strategies, including fix-and-flip and buy-and-hold.

Closing costs 85

Closing costs Purchase and sale agreement Closing Staging 85

HomeLight

NOVEMBER 29, 2022

Investors are also very active in the Ocala market and may find themselves in need of an influx of quick cash to manage other properties. Closing costs: Sellers pay no closing costs; House Heroes charges no fees. Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight.

Purchase and sale agreement 92

Purchase and sale agreement Closing costs Closing Agents 92

HomeLight

AUGUST 10, 2022

They also promise a fast, easy, and transparent selling process, with closing in as little as 24 hours. Closing costs: Sellers pay no closing costs; Diamond Equity Investments covers them. Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight.

Closing costs 81

Closing costs Purchase and sale agreement Closing Staging 81

HomeLight

APRIL 11, 2023

Closing costs: Sellers pay no closing costs; Waco First Home Buyers covers them. Partner investors have a wide range of investment strategies, including fix-and-flip and buy-and-hold. Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight.

Purchase and sale agreement 86

Purchase and sale agreement Closing costs Closing Agents 86