Point2Homes

SEPTEMBER 30, 2021

Remember that your property is your biggest personal asset, and it’s in your interest to capitalize on the equity you’ve built up in a way that’s both legal and financially advantageous. When in doubt, never hesitate to enlist the services of a professional, such as a real estate agent or a lawyer.

Pre-approval 98

Pre-approval Proof of funds Inspection contingency Due diligence 98

HomeLight

SEPTEMBER 1, 2020

As you weigh your options, really take a close look at which of your top choices offers the best value overall and which one might allow for significant gains in sweat equity via easily implemented corrections. Make sure the offer includes any important contingencies, such as an inspection contingency.

Banks 77

Banks Inspection contingency Inspection FHA loan 77

HomeLight

MARCH 13, 2023

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. With a cash home buyer, there are usually no financing or inspection contingencies typically found in traditional real estate contracts.

Sales 79

Sales Investor Due diligence Renovation 79

HomeLight

SEPTEMBER 10, 2022

It’s common for buyers to use the equity in their current house to help finance the next one, so home sale contingencies are not unusual when the market isn’t red hot. Such contingencies often give the buyers limited time, such as 30, 60, or 90 days to sell their old home. An inspection contingency.

Purchase and sale agreement 93

Purchase and sale agreement Home sale contingency Sales Inspection contingency 93

HomeLight

AUGUST 9, 2022

So, often if somebody’s sold a house and they’re walking away with a lot of equity, they’ll roll that in and do at least a 20% down payment, if they’re move-up buyers and have the cash,” says May. Earnest money is usually refundable if certain contingencies aren’t met causing the termination of the contract. Freddie Mac Home Possible.

Earnest money deposit 93

Earnest money deposit VA loan Purchase and sale agreement FHA loan 93

HomeLight

AUGUST 24, 2022

Buyers are still going to do their inspection, they’re going to do their own due diligence and they are going to be paying their inspector. One inspector might make a bigger issue out of something then another inspector is going to do,” so Auslander doesn’t always recommend getting a pre-listing inspection.

As-is 96

As-is Inspection Investor Closing costs 96

HomeLight

JULY 31, 2021

Value-add is the process of remodeling a home or complex to increase the value and add equity,” Shipwash explains. “In Beyond doing your due diligence online, it’s also a good idea to pick up the phone and put a voice to the business. Inspection period. Step 6: Pass the inspection. Put a voice to a name.

Earnest money deposit 98

Earnest money deposit Inspection Proof of funds Inspection contingency 98