HomeLight

DECEMBER 23, 2021

Essentially, title and deed are both related to the important question of who truly owns a particular piece of real estate and has the rights to it. Let’s take a deeper look at what a house title is; the different types of deeds used in real estate; and related terms including chain of title, title search, title insurance, and title abstract.

Title 111

Title Title search Bankruptcy Due diligence 111

HomeLight

OCTOBER 30, 2020

And if you add a home sale contingency into the mix (that is, if you need to sell your current home before you can buy a new one), closing the deal can take even longer. The title isn’t clear. However important title searches are, they can reveal issues that delay closing. Why do sellers love cash so much?

Closing 111

Closing Inspection contingency Title search Purchase and sale agreement 111

HomeLight

AUGUST 31, 2021

A divorce, job move, or low bank account can all be strong motivators to go for the speed and convenience of a cash sale. But when your buyer doesn’t have to wait for the lender to underwrite or process their loan, you can usually coordinate a much faster sale. Why we recommend Simple Sale by HomeLight. Need a cash offer?

Proof of funds 144

Proof of funds Investor Due diligence Closing 144

HomeLight

OCTOBER 29, 2020

Sales contingency. If something jeopardizes your sale, then their deal with you is now also at risk. A settlement contingency is similar to a sales contingency, but in this case, you’ve already found a buyer for your house and you’re just waiting to close. Title and lien contingencies. Zoning and land use contingencies.

Purchase and sale agreement 79

Purchase and sale agreement Pre-approval Earnest money deposit Inspection 79

HomeLight

JULY 31, 2021

Reports from the National Association of Realtors show that nearly a quarter of existing home sales were made with all-cash in the spring of 2021 — but how do you go about finding your cash buyer? Our guide aims to address the urgency of needing cash with the level of thought and care that a sale of this weight requires. Good bones.

Earnest money deposit 98

Earnest money deposit Inspection Proof of funds Inspection contingency 98

HomeLight

SEPTEMBER 1, 2022

Median home sale prices in California increased by 5.4% To get started on evaluating your financial situation, take a look at your credit score and determine where you land on the scale between poor and excellent. It’s important to do your due diligence when deciding what agent to hire. Order a title search.

Earnest money deposit 91

Earnest money deposit VA loan FHA loan Loans 91

The Close

DECEMBER 29, 2022

This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. ” If a property is active contingent, a buyer has submitted an offer to purchase a property, but the sale won’t be finalized until certain conditions, or contingencies, are met. Clear title. ” A.

Purchase and sale agreement 97

Purchase and sale agreement Title Proof of funds Pre-approval 97