HomeLight

JUNE 19, 2023

We talked with real estate professionals who specialize in the rent-to-own process in order to get an insider’s look at how to navigate the rent-to-own market from a buyer’s perspective. Basically, a rent-to-own real estate purchase means that you can live in the house as a renter with the intent to close on the home at a date in the future.

Purchase and sale agreement 99

Purchase and sale agreement Debt-to-income ratio Due diligence Inspection 99

The Close

DECEMBER 29, 2022

Furthermore, in today’s market, understanding our complex mortgage industry could actually help you close more deals and maybe even save clients money. This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. After all, great communication leads to closed deals. Active contingent.

Purchase and sale agreement 98

Purchase and sale agreement Title Proof of funds Pre-approval 98

HomeLight

JULY 29, 2022

You can avoid getting into this situation by avoiding making other big purchases or applying for other loans once you are approved for a mortgage and under contract. This can radically alter their debt-to-income ratio and jeopardize the whole deal. What can go wrong on the buyer’s side at closing.

Closing 102

Closing Purchase and sale agreement Title Home sale contingency 102

HomeLight

JANUARY 27, 2021

And some states allow a kind of real estate deal known as dual agency — when an agent represents both the buyer and the seller in the sale. Look into each agent’s availability as well; this can be critical in a very active seller’s market. This agreement outlines how your agent will get paid, most likely from a commission on the sale.

Agents 78

Agents Purchase and sale agreement Debt-to-income ratio Due diligence 78

Redfin

MARCH 3, 2022

You’ll want to rethink purchasing that beautiful new couch and hold off on planning those backyard additions before the title has been cleared. Unless you’re submitting an all-cash offer, you’ll need to obtain financing to purchase your home. The home appraisal is lower than the sale price. Financing issues.

Closing 63

Closing Title search Purchase and sale agreement Title 63