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. Sometimes you still have the ability to back out.

As-is 78

As-is Inspection Title search Inspection contingency 78

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. “So, So, someone could literally buy a $700,000 house with no money down with a VA loan,” says May. Property taxes.

Earnest money deposit 105

Earnest money deposit VA loan Purchase and sale agreement FHA loan 105

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. Consider a pre-listing inspection. Possibility of reducing negotiations from the inspection. Todd Auslander. Real Estate Agent. Todd Auslander. Expect lower offers.

As-is 107

As-is Inspection Investor Closing costs 107

HomeLight

MAY 27, 2021

The size of your down payment will affect what kind of loan you qualify for and the rate you pay. You’ll also need money for other costs that come with buying a home, from paying for a home inspection to covering the various fees you’ll be charged at closing. Step 9: Do your due diligence. Title search.

Loans 94

Loans Mortgages Title FHA loan 94

HomeLight

FEBRUARY 21, 2023

According to an example document from the Georgia Realtors Association, sellers must disclose any known material defects that aren’t obvious or would not be found by a buyer upon completing a reasonable inspection. Georgia is a ‘buyer beware’ state and buyers are expected to do their own due diligence before purchasing a home.

As-is 86

As-is Investor Inspection Closing costs 86

HomeLight

SEPTEMBER 1, 2022

An FHA loan is insured by the Federal Housing Administration and available from FHA-approved lenders. An FHA loan is unique in that borrowers are able to use a down payment assistance program for the entire down payment. It’s important to do your due diligence when deciding what agent to hire.

Earnest money deposit 105

Earnest money deposit VA loan FHA loan Loans 105

HomeLight

APRIL 29, 2022

An as-is home sale often indicates that the home has some “big-ticket items” that won’t pass the required inspection or appraisal, he adds. Consider a pre-listing inspection. A pre-listing home inspection is the same as a standard home inspection except that the seller pays for it before listing their home on the market.

As-is 82

As-is Purchase and sale agreement Investor Inspection 82