HomeLight

SEPTEMBER 16, 2021

Since around 2005, homeowners have been able to request a free home value estimate online thanks to the development of algorithmic pricing tools. You should also request proof of funds to confirm that the buyer actually has the available cash to complete the purchase. Clear title. Reduced fees. Is cash king?

Title 98

Title Inspection Proof of funds Investor 98

HomeLight

MARCH 13, 2023

As concrete foundations settle on sandy soil, houses may develop settlement cracks and other foundation issues. Home-buying companies generally pick up closing costs including title search and title insurance that usually range from 1.5% As long as the title is clear, you can close even in three days,” he notes.

Sales 76

Sales Investor Due diligence Renovation 76

The Close

DECEMBER 29, 2022

Chain of title is an historical record of previous owners of a property that’s essential in establishing the legal ownership of the property. An established chain of title helps protect the buyer from future challenges to ownership. A title search helps create that chain and is usually conducted by a lawyer or title company.

Purchase and sale agreement 98

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

HomeLight

MARCH 16, 2023

Home-buying companies generally pick up the remainder of closing costs that total about 8% including title search and title insurance. 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.

Sales 63

Sales Purchase and sale agreement Earnest money deposit Investor 63