Remove Construction Remove FHA loan Remove Inspection contingency Remove VA loan
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When Is a House Down Payment Due and How Much Do I Need?

HomeLight

Larsen cautions that if you’re buying a new construction home, you will likely be expected to pay a much larger percentage of earnest money. Drew May , a leading real estate agent in Augusta, Georgia, where Fort Gordon is located, says there is “no better financing” than a VA loan for military buyers.

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Your Guide to Buying a Home in the Sunshine State of Florida

HomeLight

Raymer says that for her clients, especially first-time buyers, she suggests an FHA loan, which only requires 3.5% FHA is really one of the best options,” she advises. An FHA loan is insured by the Federal Housing Administration and available from FHA-approved lenders. down payment. Special programs.

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How to Buy a House in the Bay Area: 14 Steps to Close the Sale

HomeLight

He explains that owning a house is the most constructive and easiest way to build wealth, and even if you pay more now, you are still building equity, and will likely enjoy significant tax benefits. These government-backed loans can be a great option for borrowers who meet the requirements, however, they do require mortgage insurance.

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Will My House Appraise for Its Selling Price? 10 Tips to Steer Clear of a Low Valuation

HomeLight

Construction details (type of foundation, type of materials used). FHA and VA loans have additional requirements an appraiser must evaluate, most of which relate to safety and soundness. Learn how different loan requirements can impact an appraisal. Hazards, such as FEMA flood zones. The neighborhood.

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Selling a House ‘As Is’ in California

HomeLight

Rooms or construction completed without a permit or non-compliant with building codes. Often, that means advocating for the removal of inspection contingencies. “In When you place your home on the market, it’s hard to predict if your top offer will come from a cash buyer or a buyer pre-qualified for a home loan.

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