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Bridge Loans in Ohio: Smart Equity Use to Buy Before You Sell

HomeLight

If you’re juggling the sale of your current Ohio home with the purchase of a new one, it might feel like walking a financial tightrope. You can then make a strong offer on your next home with no home sale contingency. Think of it as a temporary loan that taps into the equity of your existing home.

Equity 93
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LOs and brokers, are you prepared for an evolving workforce?

Housing Wire

In a housing market vastly different from the pre-pandemic period, how can industry professionals position themselves to achieve growth despite these current obstacles? More people are diversifying their income streams and opting to work for themselves or through real estate investments. Why partner with Newrez?

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Thinking About a Rent-to-Own House? Here’s What You Need to Know

HomeLight

Most agreements stipulate that the buyer will rent the house for anywhere between one and three years before purchasing it, and the sales price is usually set at the time of the agreement. The seller can determine the terms of the option, which may or may not include a pre-set purchase price for the home. Lease-purchase agreements.

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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. ” If a property is active contingent, a buyer has submitted an offer to purchase a property, but the sale won’t be finalized until certain conditions, or contingencies, are met. Comparable sales (comps).