HomeLight

JUNE 28, 2021

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. The buyer must work with a HUD-approved real estate agent/broker for all bidding (HUD homes are sold at auction).

Pre-approval 91

Pre-approval Pre-qualification FHA loan Inspection 91

HomeLight

AUGUST 16, 2021

In the market for a “ real estate owned” property ? Experienced REO buyers swear by this method of wealth-building through real estate. But the best, most personalized and local way is to connect with a real estate agent in your area who has helped other buyers looking for this type of property.

Banks 105

Banks Pre-qualification Investor Short sale 105

The Close

DECEMBER 29, 2022

Clients might be interested in an ARM because it allows borrowers to take advantage of interest rate decreases without having to go through a whole refinance process and pay additional closing costs. Closing costs. Clients will need an exact accounting of the total amount owed in closing costs. Contingency.

Purchase and sale agreement 98

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