Housing Wire

FEBRUARY 8, 2022

To Dana Dillard, principal advisor at Housing Finance Strategies and a 25-year mortgage industry veteran, the ghosting problem happens, among other reasons, because homeowners deny the reality or feel overwhelmed with their debts — especially if they lost a relative or friend due to COVID-19 or are unemployed for a while.

Loans 349

Loans Pre-approval Mortgages Principal 349

Realty Biz

SEPTEMBER 23, 2023

The agent also helps with the paperwork, including making offers, reviewing contracts, and coordinating inspections and appraisals. Whether it's residential, commercial, or investment properties, working with an agent with expertise in your desired area can be highly beneficial.

Purchase and sale agreement 73

Purchase and sale agreement Pre-approval Agents Pre-qualification 73

HomeLight

JANUARY 12, 2022

Next steps include the home inspection, appraisal, and final paperwork. But the time required to process and underwrite the loan will be in large part what dictates the length of your closing. Broken down by type of loan, you can expect the following: . Conventional loan. Complete home inspection: 5-15 days.

Closing 108

Closing Purchase and sale agreement Pre-approval Inspection 108

HomeLight

JULY 31, 2022

Before properties can be financed, their value and condition is typically examined by a state-licensed, independent appraiser contracted by the buyer’s mortgage company. It’s important to distinguish that appraisals are not intended to be a home inspection. By comparison, to be eligible for an FHA loan, the property must meet U.S.

Closing 98

Closing FHA loan Purchase and sale agreement Inspection 98

HomeLight

AUGUST 31, 2021

If so, then the 203k loan may offer a way to finance your plans, but first, you’ll need to know both what this loan is and how to get a 203k loan. . It’s widely regarded as one of the best financing programs for people who want to buy, fix, and live in a home. What’s a 203(k) loan?

Loans 77

Loans FHA loan Pre-approval Finance 77

HomeLight

MARCH 24, 2022

But before you can call this place yours, in order to get your financing, you’re going to need a home appraisal. While the appraisal may take longer than the home inspection did, it generally won’t take long enough to leave you on the edge of your seat. Physical inspection. the seller accepted. Included utilities.

FHA loan 82

FHA loan Inspection Loans VA loan 82

HomeLight

MARCH 6, 2023

A home inspection and a home appraisal both happen after an offer has been made and accepted. Think of it this way — the home inspection is for you, the home appraisal is for the bank. They won’t do a full home inspection , but they will look for obvious issues like a cracked foundation, missing roof shingles, and water damage.

Pre-approval 58

Pre-approval Banks Loans Inspection 58