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Frequently Asked Questions about Buyers Agents in Real Estate

Realty Biz

The amount required for a down payment can vary based on factors such as the type of loan, your credit history, and the lender's requirements. Standard financing options for homebuyers include conventional loans, FHA loans , VA loans, and USDA loans.

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A 2023 Guide to Flipping Houses in Georgia: 5 Cities to Consider

HomeLight

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. But not even they could have predicted the 20% increase in construction materials between January 2021 and 2022. Find a Buyer's Agent What is house flipping?

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What Is Buying a Foreclosure Really Like? 5 Homeowners Spill the Tea

HomeLight

It took six months of bargaining with the bank — which she believes had over-priced the house by $60,000 because they’d compared it to non-distressed sales — to land it for $220,000. Her husband is a veteran, so they used a VA loan, and she selected a local title company she trusted to handle the closing.

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Selling a House ‘As Is’ in Wisconsin

HomeLight

Sellers must disclose any known issues related to wells, septic systems, and storage tanks, including: Well defects due to construction issues, improper closure or contamination. 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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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

It’s an official form certifying that a veteran has met the terms that qualify someone for a VA loan. VA loans might have a lot of red tape, but they can be excellent, affordable options for service members and their spouses. Construction loan. Short sale. Certificate of reasonable value.