HomeLight

JUNE 28, 2021

From bidding to buying to financing to special incentives — we’re talking all things HUD homes to help you decide if this property type fits your financials and lifestyle. FHA loans are geared toward individuals in need of lower down payments, or those who may not qualify for conventional loans due to lower credit scores.

Pre-approval 89

Pre-approval Pre-qualification FHA loan Inspection 89

Easy Agent Pro

APRIL 30, 2021

Budgeting, credit scores, how to prepare for the buying/selling process, down payment assistance programs, appraisals, inspections and VA/FHA loan information are just a few. Examples include contingencies, seasoned funds, due diligence, fixtures. First-time sellers are particularly in need of knowledge.

Due diligence 110

Due diligence FHA loan Land Agents 110

Redfin

MAY 2, 2023

Get your finances together Getting your finances in order is crucial when buying a home in Colorado. Additionally, a local agent can help you navigate the complex homebuying process, from finding the right property and negotiating a fair price to coordinating inspections and closing the sale.

Pre-approval 58

Pre-approval FHA loan Loans Finance 58

HomeLight

SEPTEMBER 1, 2020

If the former homeowner defaulted on an FHA loan, the home may become inventory for various HUD programs, including the Good Neighbor Next Door program. If your offer is accepted, you start the process of inspections, title checks, and negotiations while securing a mortgage loan and signing the papers when it’s all said and done.

Banks 73

Banks Inspection contingency Inspection FHA loan 73

HomeLight

JUNE 18, 2021

Conventional loan borrowers may not see a significant sum of mortgage insurance due at closing. Borrowers with government-backed FHA loans may need to pay up to 1.75% of the loan cost at closing for mortgage insurance, in addition to the mortgage insurance that’s built into their monthly payments. Home inspection.

Closing costs 104

Closing costs Closing Mortgages Title 104

HomeLight

AUGUST 9, 2022

Closings costs for buyers often clock in between 2% and 5% of the purchase price, and expenses beyond your down payment may include some (or all) of the following: Property inspections. Loan origination fee. How much you’ll put down depends on the specifics of your finances, and what kind of mortgage you’re getting. Escrow fee.

Earnest money deposit 89

Earnest money deposit VA loan Purchase and sale agreement FHA loan 89

HomeLight

MAY 28, 2021

However, it’s vital to do your due diligence before buying a home as-is to protect yourself or you might just end up wasting your investment on a money pit. An example: Let’s say a property is listed as-is, and a home inspection finds a leaky roof and foundation issues. Financing considerations for an as-is purchase.

As-is 69

As-is Inspection Title search Inspection contingency 69