Remove Due diligence Remove Equity Remove Investor Remove Title search
article thumbnail

Top Tips and Considerations For Buying Land

Realty Biz

However, the process involves intricate steps, from understanding zoning laws to securing financing and conducting due diligence. Careful due diligence is necessary to ensure you don't make any significant mistakes. Conducting thorough due diligence is the cornerstone of a successful land purchase.

Land 126
article thumbnail

How hybrid title and valuations help increase lending efficiency

Housing Wire

HousingWire: What are some due diligence and underwriting challenges loan originators face today? Steve Greenfield: Lenders have always faced certain challenges when meeting necessary due diligence and providing accurate underwriting services. With the pandemic, they can be even more difficult these days.

Title 251
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Buying a Foreclosure at a Home Auction? Here’s How Much You’ll Probably Spend

HomeLight

If the home is being foreclosed on, it’s likely because the owner couldn’t make the loan payments — not just once, but typically for about 120 consecutive days, or four months in a row — whether due to overwhelming debt, job loss, medical payments, or other reasons. A home equity loan or line of credit. A lien due to unpaid taxes.

article thumbnail

How Rent-To-Own Homes Work: A Complete Guide

Redfin

You can also do a title search, by going through a title company , to ensure there are no extraneous liens on the property and that you’re working with the actual owner of the property deed, and that the property taxes are up to date. . Your rental payment goes to your landlord and not toward building equity in the home. .

article thumbnail

Find Cash Home Buyers in Orlando for a Fast, Simple Sale

HomeLight

We’ve gathered insights from top real estate agents and investors to create this guide navigating Orlando’s cash home buyer market so you can sell your property in as fast a timeframe as you require. But Orlando’s cooling real estate climate with interest rates that nearly doubled since last year has taken its toll on investor activity. “In

Sales 80
article thumbnail

Selling to Florida Cash Home Buyers: Tips from Experts

HomeLight

In addition, 34% of Florida housing units are occupied by renters, so the state remains a hotspot for investor activity. Niakin says that most agents have a broad network of active investors. Do your due diligence. There seems to be an endless amount of cash buyers searching for their next deal. Property investors.

article thumbnail

Are Rent to Own Homes Even Real? Here Are Stories From 5 People Who’ve Done It

HomeLight

Though it’s true that most sellers would rather finalize the transaction as quickly as possible once they’ve accepted a purchase offer , not everyone is in a hurry to relocate or collect equity. Her investor client believes that everyone deserves to live in a place they can be proud of and be treated with dignity.