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When Is a House Down Payment Due and How Much Do I Need?

HomeLight

It’s the first financial move you’ll make in securing your new home purchase. Since a down payment is, as the term suggests, the amount of money you’re putting down on the purchase of your home, your mortgage lender will need to see proof of these funds fairly early on in the approval process. Let’s jump in! Property taxes.

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

HomeLight

Savvy sellers know that if their home is priced right, they stand a very good chance of having it appraise accordingly, and keep the sale on track. 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.

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Selling a House ‘As Is’ in California

HomeLight

HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Median sales price in California. As is” is a type of home sale where it’s understood that no improvements will be made to the property. Rooms or construction completed without a permit or non-compliant with building codes.

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

HomeLight

Before you start looking for homes in Florida, you want to determine if you’re ready to purchase one. Homebuyers in Florida pay an average of approximately 2.58% of the home’s purchase price in closing costs when purchasing a home. There are two types of conventional loans — conforming and non-conforming.