HomeLight

MARCH 13, 2023

As concrete foundations settle on sandy soil, houses may develop settlement cracks and other foundation issues. Airbnb owners get tired of paying management fees and dealing with customer complaints and negative ratings, but they have too little equity to sell the traditional way. The seller and buyer agree on a price and terms.

Sales 83

Sales Investor Due diligence Renovation 83

HomeLight

MARCH 13, 2023

These include: Out-of-state buyers flocking to Austin – particularly California sellers who cashed out the equity in their expensive homes and can afford to pay cash in Austin. Instead, however, he advises sellers to validate cash buyers for proof of funds. New construction surge contributing to competition for buyers.

Sales 72

Sales Investor House Flipping Pre-approval 72

HomeLight

MARCH 16, 2023

You’ll get speed and convenience in exchange for some of the property’s equity,” says Naumann. Ramcharitar advises asking for proof of funds such as a bank statement to ensure the buyer has enough resources to cover the price of the home. The buyer does due diligence during the option period in Texas.

Sales 67

Sales Purchase and sale agreement Earnest money deposit Investor 67

The Close

DECEMBER 29, 2022

It generally results in a higher interest rate or additional points, but it’s a way for homeowners to leverage their equity in a property. These mortgages were developed in the 1980s in an era of double-digit interest rates when borrowers were hopeful that the rates wouldn’t rise much more. Cost of funds index (COFI).

Purchase and sale agreement 98

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

HomeLight

DECEMBER 13, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot Virginia real estate market and a steep rise in equity added extra incentives to maximize profits.

Purchase and sale agreement 88

Purchase and sale agreement MLS Agents Sales 88