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Selling a House ‘As Is’ in North Carolina

HomeLight

Schaus does business in the area of Fort Bragg, which means that Department of Veterans Affairs home loans ( VA loans ) are used very often by buyers. Any known flood hazard or if the property is located in a federally-designated flood hazard area. Some of these include: Leakage or other problems with the dwelling’s roof.

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How to Get a Mortgage Loan: A Step-By-Step Guide for First-Timers

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FHA loans are backed by the Department of Housing and Urban Development and accept credit scores as low as 500. However, you’ll have to pay for mortgage insurance for at least 11 years, depending on your down payment size — most FHA loans require mortgage insurance for the entire life of the loan.

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A Seller’s Home Appraisal Checklist: A Cheat Sheet for Your Home’s Final Exam

HomeLight

According to the National Association of Realtors® Research Group’s 2021 data , 64% of buyers have conventional loans, 16% have FHA loans and 14% received VA loans. Since many lenders process a high volume of loans all around the country, local appraisers provide first-hand verification of the property’s condition.

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Selling a House ‘As Is’ in Maryland

HomeLight

If the home is part of a designated historic district. 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. If proper permits were pulled for improvements on the property. Home location considerations.

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Selling a House ‘As Is’ in Wisconsin

HomeLight

If they filed any insurance claims for damage to the property in the last five years, or if the home is a designated historic building, they will need to disclose that information, as well. 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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