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From Contract to House Keys: Breaking Down the House Closing Process

HomeLight

Conventional loans closed in an average of 47 days in July 2021, while FHA loans took 51 days, and VA loans required an average of 52 to close. Step 4: Submit the loan application officially. While you may have been preapproved for your loan, that doesn’t mean you’re done getting a mortgage.

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When Is a House Down Payment Due and How Much Do I Need?

HomeLight

Veterans have access to the Veterans Affairs (VA) loan when buying a home , a great benefit of serving the country as a current active military member, a military veteran, or as a surviving spouse of someone in the military. A VA loan provides 100% financing with no money down — so no down payment.

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How to Buy a Home As-Is and Make Sure You’re Protected

HomeLight

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 inspection can tell you upfront the exact issues with the house so you know what money you might have to spend down the line.

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

HomeLight

If you paid top dollar for your Orlando home and need to sell before you intended due to a change of life circumstances such as divorce or lost job, you might have little or no equity which makes it difficult to take the traditional sales route. The buyer does due diligence during the option period in Florida.

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Selling a House ‘As Is’ in Connecticut

HomeLight

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.

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