Lab Coat Agents

MAY 1, 2024

VA loan assumptions offer a fantastic opportunity for your clients to save thousands on their mortgage in a rising interest rate environment. What is a VA Loan Assumption? What is a VA Loan Assumption? This can provide significant savings compared to taking out a new loan at prevailing market rates.

VA loan 52

VA loan Loans Debt-to-income ratio FHA loan 52

HomeLight

JANUARY 22, 2024

Matt Megel , managing partner with CAZA Group , which sells homes 85% faster than the average Virginia agent, says that unlocking their home’s equity on a budget is one of the main drivers for homeowners wanting to sell their property “as is.” “One Skip repairs and close in as few as 10 days.

As-is 86

As-is Inspection Equity Renovation 86

HomeLight

JANUARY 27, 2021

Mortgage insurance is extremely common for first-time buyers, and it’s often the fastest way to achieve homeownership and start building equity today, rather than waiting until you’ve saved up 20% — an unrealistic feat for many buyers. and 1% of your loan amount, annually. Understand how days on market affects your offer.

Closing costs 119

Closing costs Loans Inspection Earnest money deposit 119

HomeLight

SEPTEMBER 1, 2022

GSFA OpenDoors® Down Payment Assistance Program – Down payment and/or closing cost assistance up to 7% of mortgage loan amount. Forgivable Equity Builder Loan – Gives first-time homebuyers immediate equity of up to 10% of the purchase price of the home in the form of a loan. Median days on market: 10.

Earnest money deposit 89

Earnest money deposit VA loan FHA loan Loans 89

HomeLight

JANUARY 22, 2024

There are several reasons, which can range from a sudden change in circumstances, to the seller needing to access the equity in their home without making repairs. “It’s These are standards related to the overall condition of a property which will play a role in a lender’s willingness and/or ability to finance a buyer’s loan.

As-is 92

As-is Inspection Finance Investor 92

HomeLight

JUNE 29, 2022

“Different loan types have different guidelines and criteria that the appraiser must meet,” says Swecker. For example, the appraiser may have to find three comps for a VA loan, but for an FHA loan six comps may be needed within a half-mile.”. Lenders need comps when they’re underwriting a home for a mortgage loan.

MLS 107

MLS Seller concession Agents Sales 107

HomeLight

JULY 25, 2022

Average days on market for Florida. It’s going to be their first home,” says JoAnn, “They’re OK with some sweat equity, so it’s a good opportunity for them.”. It’s sweat equity,” says Tom. Value of sweat equity : “We show the buyer a home book,” she says. “It Request Offer. Disclosures.

As-is 84

As-is Purchase and sale agreement Inspection Closing costs 84