HomeLight

OCTOBER 5, 2020

But what if it’s a different kind of sale … for example, how much should you offer on a short sale? Sometimes life happens, and a current homeowner can’t afford to keep paying their mortgage … and the remaining payoff amount is more than the home is currently worth. What’s a short sale?

Short sale 62

Short sale Sales Banks Due diligence 62

HomeLight

AUGUST 16, 2021

So how can you develop that skill that makes the pros so confident — and drives major return on investment? Properties get to this point after the borrower stops making mortgage payments for a period of time. If it sells, the lender recoups some of the outstanding loan amount through the sale.

Banks 105

Banks Pre-qualification Investor Short sale 105

HomeLight

AUGUST 24, 2022

In the years since then, the company developed a mission to revitalize both homes and communities. The selling process at Cash Buyer New Jersey is straightforward, with the same slim due diligence and closing periods as other cash-offer businesses. 1% to 3% of sale price on top of commission. Title search. Closing costs.

Closing costs 73

Closing costs Purchase and sale agreement Closing Staging 73

HomeLight

MAY 27, 2021

But when it comes to one of the key aspects of buying that home — how to get a mortgage loan — you may draw a blank. No one daydreams about filling out mortgage applications, and the process is complicated because you have to keep track of so many details and make so many choices. Source: (Matthew Henry / Burst).

Loans 78

Loans Mortgages Title FHA loan 78

HomeLight

AUGUST 16, 2021

This means that the homeowner stopped making payments on their mortgage, and the bank seized the property to recoup the funds. Given the various types of mortgages that are available, the auction process may differ depending on whether the loan on the house up for auction was government-backed or a conventional loan. Minimum bid.

Title 109

Title Due diligence Finance Inspection 109

HomeLight

MARCH 19, 2022

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 89

Closing Due diligence Agents Staging 89

HomeLight

MARCH 10, 2023

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?

House Flipping 85

House Flipping Renovation Investor Finance 85