HomeLight

NOVEMBER 10, 2021

Or that FHA loan limits vary widely, too? Buyers who are moving from one area of the country to another could be shocked at the difference in prices and loan limits. The conventional loan limit is much higher in Massachusetts, she explains, “so I qualified for a higher mortgage with only 5% down.” When it’s a bad idea.

Inspection 88

Inspection Title Agents Pre-approval 88

HomeLight

JANUARY 4, 2022

Fifty-seven percent of agents have seen buyers leverage their own retirement or securities funds, 49% have seen buyers take out a home equity loan or home equity line of credit, and 38% have seen buyers receive short-term loans from family members in order to buy a house with cash.

Investor 98

Investor Finance Inspection Sales 98

HomeLight

APRIL 21, 2022

Cash vs. financing : Cash offers usually result in a faster sale than mortgage-backed offers; if speed is an important aspect of the sale, this could make a significant difference. One solution might be a rent-back that would financially compensate a patient buyer if the seller needs more time to transition after the sale.

Inspection contingency 106

Inspection contingency Home sale contingency Pre-approval Agents 106

HomeLight

DECEMBER 15, 2022

Pre-foreclosure or short sale transactions. Someone facing a foreclosure or who has negotiated a short sale with their lender could have a very negative reaction. Your best purchase price offer is a mix of the final number, earnest money, and perhaps paying some of the seller’s closing costs.

Inspection 90

Inspection Closing Rent back Agents 90