HomeLight

AUGUST 31, 2020

You may have heard that short sales, foreclosures, or bank-owned properties offer great opportunities for a steal , but what do these different terms mean, and how does the homebuying transaction work for each? What’s the difference between buying a short sale vs. a foreclosure, and where can the best deals be had?

Short sale 87

Short sale Sales Banks Inspection 87

HomeLight

NOVEMBER 1, 2021

You priced your home based on recent home sale(s) for which the buyer(s) paid well over appraised value. Short sales or foreclosures in your area have driven home prices artificially low. If the home appraises for $400,000, the buyer will need to bring $15,000 cash to closing to cover the gap. Your home is overpriced.

Purchase and sale agreement 90

Purchase and sale agreement Proof of funds Backup offer Finance 90

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 76

Closing costs Closing Sales Staging 76

HomeLight

MAY 24, 2022

Sellers tend to prefer all-cash offers because those deals close more quickly. Even though it’s all cash to the sellers at closing, with a cash offer, “you don’t have to go through the appraisal or the bank approval process — it’s cleaner.”. But just how long does it take to close on a house with cash, compared to a traditional loan?

Purchase and sale agreement 102

Purchase and sale agreement Closing Title search Title 102

HomeLight

AUGUST 24, 2022

A cash offer can lead to a speedier and lower hassle sale. Let’s review some of the top reasons to work with a cash home buyer in Florida: Faster time to close. Imagine you list your home for sale and attract a buyer right away who is also willing to offer a top price. Before signing an offer, ask for proof of funds.

Purchase and sale agreement 103

Purchase and sale agreement Title search Proof of funds Title 103

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

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 97

Purchase and sale agreement Title Proof of funds Pre-approval 97