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Hit Them With Your Best Shot: How Much to Offer on a Short Sale

HomeLight

But what if it’s a different kind of sale … for example, how much should you offer on a short sale? Enter the short sale : a solution for the seller, and a special opportunity for a buyer. What’s a short sale? Short sales are unique because they require the approval of the seller’s lender.

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5 of the Top We Buy Houses For Cash Companies in New Jersey

HomeLight

Some companies may make a preliminary offer at this stage, but it’s usually subject to change once they’ve inspected your property. In the years since then, the company developed a mission to revitalize both homes and communities. Sale timeline. Inspections / repairs. Phone number : (908) 320-7995. 7 to 30 days.

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How to Sell a House With a Realtor®, From Home Prep to Closing Day

HomeLight

Unfortunately, too many homeowners fail to do the same due diligence when hiring the Realtor ® who’ll help them sell their most valuable asset. They want to make sure you’re doing your due diligence! Develop a plan to achieve your selling goals. Develop an effective pricing strategy. Find Agent.

Closing 90
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How to Buy a House at Auction: A Guide for Foreclosure Newbies

HomeLight

Department of Housing and Urban Development (HUD) homes for sale portal. But this isn’t a time to skip your due diligence — be sure that you fully understand the rules of the auction and what the payment terms are if you’re the successful bidder. Source: (Willy Barton / ShutterStock). What types of auctions are there?

Title 108
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How to Get a Mortgage Loan: A Step-By-Step Guide for First-Timers

HomeLight

You’ll also need money for other costs that come with buying a home, from paying for a home inspection to covering the various fees you’ll be charged at closing. FHA loans are backed by the Department of Housing and Urban Development and accept credit scores as low as 500. Step 9: Do your due diligence.

Loans 80
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Flipping Houses in New York: 5 Cities to Consider

HomeLight

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. The successful flippers are the ones who have developed good relationships with contractors to keep them honest.” Find a Buyer's Agent What is house flipping?

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

The Close

.” 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. A contingency might be the buyer selling their current house, requiring certain repairs to be made, or obtaining a clean termite inspection.