HomeLight

JULY 30, 2021

We’ve researched the ins and outs of rent-to-own homes , as well as talking to experienced real estate agents about how a renter and landlord can enter into such an agreement, the pros and cons of doing so, and just what it means for you as a buyer if you decide to rent-to-own. Lease-option agreements. Lease-purchase agreements.

Purchase and sale agreement 98

Purchase and sale agreement Debt-to-income ratio Pre-qualification Inspection 98

HomeLight

NOVEMBER 16, 2021

Less-than-stellar credit history can create an obstacle to getting a mortgage , making the whole process even more daunting. Through the Home Partners program, prospective rent-to-own homebuyers start by filling out a pre-qualification application. They must be traditional sales or for sale by owner (FSBO) homes.

Purchase and sale agreement 89

Purchase and sale agreement Pre-approval Debt-to-income ratio Pre-qualification 89

HomeLight

MARCH 17, 2021

The planning stage (1 to 3 years before purchase). Whether you have a stable income to cover mortgage costs. While you’ll find lots of ways to ballpark your housing budget, the real determiner will be your debt-to-income ratio , or DTI. Source: (Shopify Partners / Burst). Figure out your budget.

Pre-approval 98

Pre-approval Purchase and sale agreement Title Closing 98

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. So we’ve included a handy download with questions your clients should ask their mortgage broker. Adjustable-rate mortgage (ARM). Active contingent. Amortization.

Purchase and sale agreement 98

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