Due diligence Purchase and sale agreement Short sale 
Redfin
JULY 8, 2025
Buying a preforeclosed home can offer opportunities but requires careful due diligence. This notice informs the homeowner that they have missed a specified number of mortgage payments and are in default of their loan agreement. These properties can sometimes be purchased below market value, but they often come with complexities.
The Close
FEBRUARY 19, 2025
Whether youre a new or experienced real estate investor, you may have asked, What is a real estate short sale? The simple answer is that a short sale is when a homeowner owes more for their home than its current market value and puts it up for sale. What Happens in a Real Estate Short Sale?
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HomeLight
DECEMBER 30, 2021
When you make an offer to buy a house, you’ll sign and initial contracts for each offer, and when one is accepted, it’s now officially a purchase agreement , which becomes a legal document. Matt Laricy is a top agent in Chicago , completing 41% more sales than the average agent in his area. Transactions. Average Price Point.
HomeLight
MAY 24, 2022
If you only pay cash for the down payment, and take out a mortgage for the remainder of the purchase price, it keeps more money in your pocket. Everyone involved will need time to perform their due diligence. A cash sale: Start to finish. With a cash sale, you can skip a few steps in the typical closing process.
HomeLight
AUGUST 24, 2022
Looking to connect with a Florida cash home buyer for a quick sale in the Sunshine State? HomeLight’s Simple Sale platform provides all-cash offers, giving clients a fast, stress-free home selling experience without having to worry about additional repairs or prep work and with no additional fees, commissions, or upfront costs.
HomeLight
JANUARY 25, 2021
House flippers usually purchase houses for cash as-is, saving homeowners the expense of making repairs that lenders might require, along with the stress of showing and staging the home. A traditional sale might be what you had in mind when you originally bought your home. Is the property damaged or are you facing a personal emergency?
Marco Santarelli
AUGUST 16, 2024
Factor in all costs: The purchase price is just the tip of the iceberg. Get pre-approved for a mortgage: This strengthens your position as a serious buyer and streamlines the purchase process. Check Our Inventory of Turnkey Rental Properties For Sale 2.2. Shop around for competitive interest rates and loan terms.
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