Redfin

JUNE 21, 2023

From relationship building to conducting due diligence, you’ll be equipped with the knowledge and strategies to enter the world of real estate investing and buy your first investment property with ease. Let’s get started! First, there are property taxes.

Due diligence 59

Due diligence Earnest money deposit Investor Inspection 59

HomeLight

AUGUST 31, 2021

submit your purchase offer with a pre-qualification or preapproval letter from a lender, these funds aren’t a sure thing until the loan is fully approved. Unless you’re buying for investment purposes and planning to completely renovate the house in order to rent or resell it, you’ll probably want to know what you’re getting into.

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Due diligence Inspection Pre-approval Pre-qualification 82

HomeLight

JUNE 28, 2021

HUD’s Office of Housing also includes the Federal Housing Administration (FHA), an agency that insures mortgage loans issued by FHA-approved lenders to protect against losses if a borrower defaults on a loan. The buyer must work with a HUD-approved real estate agent/broker for all bidding (HUD homes are sold at auction). No problem!

Pre-approval 99

Pre-approval Pre-qualification FHA loan Inspection 99

HomeLight

MARCH 13, 2023

Speed: One of the biggest benefits is a fast sale, as cash buyers are able to close the transaction quickly without the delays often associated with traditional home sales, such as waiting for financing approval or appraisal. The buyer does due diligence during the option period in California, which is typically one to 10 days.

Sales 96

Sales Purchase and sale agreement Due diligence Inspection 96

Redfin

MAY 2, 2023

Additionally, it’s important to review your credit report and score, as these can impact your ability to get approved for a mortgage and affect your interest rate. Property disclosures are typically provided to buyers during the due diligence period.

Pre-approval 66

Pre-approval FHA loan Loans Finance 66

HomeLight

MAY 28, 2021

These nostalgic houses can be a great purchase, as long as buyers do their due diligence. Greek Revival: Porch columns and angular roofs create a pre-colonial style that can make shotgun houses feel grander in scale. The renovation was just what that shotgun house needed to make the owners feel more at home.

Due diligence 104

Due diligence Renovation Pre-approval Construction 104

HomeLight

MARCH 13, 2023

With the strong Florida sun shortening the lifespan of roofs and air conditioning systems, costly renovations may be necessary. Most sellers approach Joseph because their home did not sell after several months on the open market due to outdated decor, major structural issues, or fire damage. For a rental, not as much,” explains Joseph.

Sales 86

Sales Investor Due diligence Renovation 86