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Rocket launches bridge loans to make homebuying easier

Housing Wire

Bridge loans are designed to help buyers cover down payments or closing costs on a new home before finalizing the sale of their existing one. Some buyers can’t compete without first selling, missing opportunities to purchase a home. In terms of pricing, the product is similar to a traditional closed-end second mortgage.

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What to Know About Selling a Home As Is for Cash

Rochester Real Estate

Understanding the cash sale process, weighing the pros and cons, finding a reputable cash home buyer, and preparing your house for a cash sale are all essential steps to ensure a successful transaction. Research and seek recommendations for trustworthy companies or individuals specializing in cash purchases.

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FHA Loan Requirements in 2025

The Close

A home is the largest purchase most people will ever make, and many buyers rely on mortgage financing. Minimum down payment The minimum down payment on an FHA is just 3.5%, calculated from the home’s purchase price. For example, if your client is purchasing a home for $300,000, the minimum down payment would be $10,500.

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Opinion: How the title industry protects homeowners

Housing Wire

The title industry led the way in collaborating with industry partners to expand access to digital closings through remote online notarization (RON), which has helped tens of thousands of homebuyers complete their real estate and mortgage transactions safely and securely through the innovative use of technology solutions.

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Vital Steps to Take When Purchasing Your First Home

Realty Biz

From three decades working as a Realtor, there are common denominators for first-time home buyers going through the purchase process with ease. This includes understanding the terminology, legal aspects, and financial considerations of purchasing a property. By following these steps, you can easily navigate the real estate market.

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How Long Does It Take to Close On a House With Cash in 2022? Here’s Your Timeline

HomeLight

If you only pay cash for the down payment, and take out a mortgage for the remainder of the purchase price, it keeps more money in your pocket. He estimates that on a $200,000 house, you could save between $5,000 and $6,000 in closing costs. A cash sale: Start to finish. Despite this, there are benefits to a cash offer.

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Find Cash Home Buyers in Houston for a Fast, Simple Sale

HomeLight

Do you need to connect with cash home buyers in Houston for a fast sale? Whatever your reason for needing a quick sale without making expensive repairs, Houston is teeming with cash home buyers ready to make you an offer no matter your home’s condition. Receive your offer within a week and close in as little as 10 days.