Keeping Current Matters

OCTOBER 21, 2020

A decade ago, there wasn’t a forbearance option, and most banks did not put in other programs, like modifications and short sales, until very late in the crisis. Today, the vast majority of homeowners have significant equity in their homes. This dramatically decreases the possibility of strategic defaults.

Equity 207

Equity Banks Closing costs Loans 207

Lighter Side of Real Estate

OCTOBER 31, 2022

1) Asking you to wire escrow or closing cost money. When you buy or sell a house, there’s a good chance that a title company or attorney will be handling the closing. So it wouldn’t be all that weird to get an email from them asking you to wire money for closing costs, the down payment, etc.

Closing costs 145

Closing costs Title Banks Short sale 145

The Close

DECEMBER 29, 2022

After all, great communication leads to closed deals. Furthermore, in today’s market, understanding our complex mortgage industry could actually help you close more deals and maybe even save clients money. This is when the seller signs over all rights and obligations related to a property to the buyer before the actual closing.

Purchase and sale agreement 98

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

RIS Media

SEPTEMBER 21, 2020

Approved for short sale : A term that indicates that a bank has approved a homeowner for a reduced listing price on a home, and said home is ready for resale. Closing : A meeting during which ownership of a home is transferred from seller to buyer, usually attended by the buyer, the seller, both real estate agents and the lender.

Pre-approval 59

Pre-approval Pre-qualification Title search Inspection 59

HomeLight

DECEMBER 30, 2021

Here’s an overview of what a real estate lawyer does, when you’ll need one, and what it will cost you to use one. This is why, in almost half of states, an attorney has to at least be present at closing — if not actively overseeing the deal. Which states require a lawyer to be present at closing? Matt Laricy. Real Estate Agent.

Purchase and sale agreement 72

Purchase and sale agreement Title Short sale Closing 72

HomeLight

JANUARY 10, 2023

We Buy Houses companies in Florida typically promise quick, all-cash offers and ultra-fast closings, often in as few as seven days. If you accept the offer, you’ll both sign a contract and the closing process will begin. Some companies offer a large deposit or moving cost assistance, and a few may even pay for the home upfront.

Closing costs 80

Closing costs Purchase and sale agreement Closing Sales 80

HomeLight

AUGUST 31, 2021

Let’s take a look at the most common foreclosure sales and how they work. Short sale. A short sale isn’t necessarily a foreclosure sale, but it’s common to see a short sale done to avoid foreclosure. A seller will usually have to prove financial hardship for the lender to agree to the sale.

Pre-approval 92

Pre-approval Short sale Banks Finance 92

HomeLight

JULY 25, 2022

Deduct your outstanding mortgage balance and any costs of selling you incurred (such as real estate commission, closing costs, title fees, repairs, prep, and staging). This free tool will provide an estimate of the costs of selling your home and the potential net proceeds you might earn. Overlap costs (1%-2%).

Closing costs 86

Closing costs Equity Short sale Agents 86

HomeLight

JANUARY 3, 2022

An iBuyer uses technology to value the home, sometimes performs a walkthrough, and may adjust the price based on the cost of needed repairs. Sellers then pick a move date, and can often close in as little as two weeks. Now let’s say Sam and Diane consider working with an iBuyer, such as HomeLight’s Simple Sale platform.

Agents 89

Agents Title Inspection Title search 89

HomeLight

APRIL 15, 2022

After some email back-and-forth, they get their final iBuyer offer: Offer details: 98% of what a real estate agent estimated they could earn, minus a 5% service fee, a $2,000 repair credit, and 1% in closing costs. . They find this offer to be satisfactory and are able to close in days without mortgage lender involvement.

Title 79

Title House Flipping Title search Sales 79

HomeLight

JULY 31, 2021

turn four walls and a roof into money in the bank, without the need for inconvenient showings, nail-biting appraisals , or a 50-day closing. They look for motivated sellers who want to close quickly and avoid the potential complications of financing or sale contingencies, even if it means accepting a lower offer price,” he explains.

Earnest money deposit 98

Earnest money deposit Inspection Proof of funds Inspection contingency 98

HomeLight

FEBRUARY 17, 2022

HomeLight’s Simple Sale platform provides full cash offers for homes in almost any condition nationwide and in Texas. Get an offer in as few as 48 hours and close in as little as 10 days. We Buy Houses companies in Texas typically promise quick, all-cash offers and ultra-fast closings, often in as few as seven days.

Closing costs 71

Closing costs Closing Sales Staging 71

HomeLight

FEBRUARY 28, 2022

HomeLight’s Simple Sale platform provides full cash offers for homes in almost any condition nationwide and in California. Get an offer in as few as 48 hours and close in as little as 10 days. We Buy Houses companies in California typically promise quick, all-cash offers and ultra-fast closings, often in as few as seven days.

Closing costs 74

Closing costs Closing Sales Staging 74

HomeLight

JANUARY 6, 2023

Receive your offer within a week and close in as little as 10 days. We Buy Houses companies in Orlando typically promise to give home sellers quick, convenient all-cash offers, and exceptionally speedy closings, often wrapping up the property sale in as few as seven days. Close the sale and get paid quickly.

Purchase and sale agreement 72

Purchase and sale agreement Closing costs Closing Agents 72

HomeLight

FEBRUARY 28, 2022

HomeLight’s Simple Sale platform provides full cash offers for homes in almost any condition nationwide and in Colorado. Get an offer in as few as 48 hours and close in as little as 10 days. We Buy Houses companies in Colorado typically promise quick, all-cash offers and ultra-fast closings, often in as few as seven days.

Closing costs 75

Closing costs Closing Sales Staging 75

HomeLight

MAY 27, 2021

You’ll also need money for other costs that come with buying a home, from paying for a home inspection to covering the various fees you’ll be charged at closing. Average closing costs in 2020 were $6,087, including prepaid taxes, according to ClosingCorp data. Title search. Step 2: Learn about loans.

Loans 78

Loans Mortgages Title FHA loan 78

HomeLight

AUGUST 10, 2022

HomeLight’s Simple Sale platform provides full cash offers for homes in almost any condition nationwide and in Atlanta. Get an offer in as few as 48 hours and close in as little as 10 days. We Buy Houses companies in Atlanta typically promise quick, all-cash offers and ultra-fast closings, often in as few as seven days.

Closing costs 73

Closing costs Purchase and sale agreement Closing Inspection 73

HomeLight

DECEMBER 6, 2022

Receive your offer within a week and close in as little as 10 days. We Buy Houses companies in Denver typically promise to give home sellers quick, convenient all-cash offers, and exceptionally speedy closings, often wrapping up the property sale in as few as seven days. Close the sale and get paid quickly.

Purchase and sale agreement 83

Purchase and sale agreement Closing costs Closing Sales 83

HomeLight

JULY 25, 2022

Here are some of the common concerns you may face: Cost of mortgage interest: At the beginning of your loan, a bigger percentage of your mortgage payment goes toward interest. Closing costs that add up: You paid these when you closed on this home, but you’ll probably have to pay them again if you sell it and buy another home.

Closing costs 83

Closing costs Equity Short sale Sales 83

HomeLight

MARCH 21, 2022

Reduce the stress of selling by requesting a cash offer from HomeLight’s Simple Sale platform today. In as little as 48 hours, we’ll send over a competitive offer with the ability to close in as few as 10 days. Closing: If you accept the offer, you and the company will each sign the contract and closing will begin.

Closing costs 90

Closing costs Home sale contingency Investor Closing 90

HomeLight

AUGUST 24, 2022

HomeLight’s Simple Sale platform provides full cash offers for homes in almost any condition nationwide and in New Jersey. Get an offer in as few as 48 hours and close in as little as 10 days. We Buy Houses companies in New Jersey typically promise quick, all-cash offers and ultra-fast closings, often in as few as seven days.

Closing costs 73

Closing costs Purchase and sale agreement Closing Staging 73

HomeLight

JANUARY 19, 2023

Receive your offer within a week and close in as little as 10 days. Request Offer Working with house-buying companies in Tallahassee We Buy Houses companies in Tallahassee typically promise to give home sellers quick, convenient all-cash offers, and exceptionally speedy closings, often wrapping up the property sale in as few as seven days.

Purchase and sale agreement 71

Purchase and sale agreement Closing costs Closing Agents 71

HomeLight

FEBRUARY 16, 2023

Receive your offer within a week and close in as little as 10 days. If you accept the offer, you’ll both sign a sales contract. With a signed sales agreement, the closing process will begin. Some house-buying companies will initially provide a large deposit or funds to assist the seller with moving costs.

Purchase and sale agreement 79

Purchase and sale agreement Closing costs Closing Sales 79

HomeLight

JULY 31, 2022

This minimum equity ensures that you’ll have the funds for necessary home sale expenses (such as staging , repairs , and closing costs ), plus some leftover profit to put towards your next down payment or security deposit. Another benefit of VA loan assumption is lower closing fees.

VA loan 66

VA loan Purchase and sale agreement Short sale Pre-approval 66

HomeLight

NOVEMBER 10, 2021

They’ll know whether offering a rent-back period could sweeten the deal, or if it’s more common to pay seller closing costs. A good agent will reach out to the seller’s agent and ask about non-financial perks, such as a flexible closing timeline or rent-back period, that could seal the deal. Step 12: Consider title insurance.

Inspection 84

Inspection Title Agents Pre-approval 84

HomeLight

MAY 23, 2022

HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Skip repairs and close in as few as 10 days. Indiana law requires sellers to disclose material facts about the property through the Seller’s Residential Real Estate Sales Disclosure. Sell 'As Is' With a Cash Offer.

As-is 90

As-is Purchase and sale agreement Inspection Closing costs 90

HomeLight

MAY 23, 2022

HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Skip repairs and close in as few as 10 days. Real estate attorneys are considered essential for closing in the state of Massachusetts. Sell 'As Is' With a Cash Offer. Request Cash Offer. Is a real estate attorney required?

As-is 86

As-is Inspection Investor Sales 86

HomeLight

SEPTEMBER 8, 2020

After closing, when we went back to our new home, the sellers had left Grandma behind!”. You might have heard some funny stories about home sellers from your friends and family, but not all home sales happen on the open market between individuals. Closing costs usually work out to between 3% and 6% of the loan’s total amount.

Closing costs 72

Closing costs Finance Loans Closing 72

HomeLight

MAY 23, 2022

HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Skip repairs and close in as few as 10 days. Real estate attorneys are considered essential for closing in the state of North Carolina. Mention in your as-is listing if your home is close to any of the following: Schools.

As-is 79

As-is Purchase and sale agreement VA loan Inspection 79

HomeLight

MAY 19, 2022

HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Skip repairs and close in as few as 10 days. Real estate attorneys are not considered essential for closing in the state of Maryland. Sell 'As Is' With a Cash Offer. Request Cash Offer. Is a real estate attorney required?

As-is 94

As-is Inspection Investor Closing costs 94

HomeLight

MAY 23, 2022

“Either there are a couple of issues with the house that they want to disclose but not necessarily repair or they’re selling a house as part of an estate sale and don’t know a lot about it.”. HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Sell 'As Is' With a Cash Offer.

As-is 101

As-is Inspection Investor Closing costs 101

HomeLight

APRIL 29, 2022

An as-is home sale often indicates that the home has some “big-ticket items” that won’t pass the required inspection or appraisal, he adds. HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Skip repairs and close in as few as 10 days. Sell 'As Is' With a Cash Offer.

As-is 67

As-is Purchase and sale agreement Investor Inspection 67

HomeLight

SEPTEMBER 30, 2021

Here are the quick points to know on how to sell a house with a mortgage: You’ll use the proceeds from the sale of your home to pay off your existing mortgage balance. Your lender will receive their payout at the time of closing. of the sale price). Equals: your estimated home sale proceeds.

Mortgages 97

Mortgages Debt-to-income ratio Equity Closing costs 97

HomeLight

JANUARY 4, 2022

iBuyers then allow the seller to close in as little as 10 days but can also provide longer move-out timelines for those who need the flexibility. These people may offer close to full list price, since they aren’t trying to make a profit on the property,” he says. You want certainty of the deal closing. Why sell to an iBuyer?

Investor 98

Investor Finance Inspection Sales 98

Dwell Real Estate

JULY 1, 2020

Very close to I-75, shopping, Walmart and Home Depot. Located close to world-class dining, shopping, beaches, and A+ schools. credit towards your closing cost Call and schedule a time today to view ready to move-in home. Whole house 20 KW GENERAC provides uninterrupted power. The backyard is serene, private and beautiful.

Construction 98

Construction Renovation New Construction As-is 98