Remove Closing costs Remove Renovation Remove Sales Remove Short sale
article thumbnail

Short Sale Mortgage Loans: What Borrowers Need To Know

HomeLight

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 ? Well, it depends.

article thumbnail

Find Real Estate Cash Buyers for a Speedy Sale

HomeLight

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 94
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Selling Your House at a Loss: Consider These Options When Your Home Turns into a Financial Burden

HomeLight

We also connected with HomeLight Home Loans Mortgage Sales Leader Richie Helali, who offered an insider’s look at mortgage options that could help you hold on to your home — or let it go without falling into foreclosure. Maybe the real estate market took a dive and you went overboard on past home renovations.

article thumbnail

How to Buy a Foreclosure: Your Go-To Guide to Distressed Properties

HomeLight

They’ll put the house up for auction either in a sheriff’s or public trustee sale (the name depends on what foreclosure process your state follows). Different types of foreclosure sales. Distressed sales accounted for just 1% of all home sales in April 2021. Short sale. Auction sale. Pre-foreclosure.

article thumbnail

Can I Sell a Home After Owning It 2 Years? Here Are 8 Things to Consider

HomeLight

Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. Comparable properties nearby : Real estate comps are recent nearby home sales that affect the sale price and value of your home. Get Estimate.

article thumbnail

Can I Sell a Home After Owning It 1 Year?

HomeLight

Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. Comparable properties nearby : Known as real estate comps , recent nearby home sales affect the sale price and value of your home. Get Estimate.

article thumbnail

How to Get Cash for Your Home: A Step-by-Step Guide

HomeLight

Reports from the National Association of Realtors show that nearly a quarter of existing home sales were made with all-cash in the spring of 2021 — but how do you go about finding your cash buyer? Our guide aims to address the urgency of needing cash with the level of thought and care that a sale of this weight requires. Good bones.