HomeLight

OCTOBER 5, 2020

A home equity loan or line of credit. Even when the bank has set an appropriate price for the home, in line with its appraised value, the current real estate market in the area can have an important impact on its eventual sale price. There may also be other financial claims or liens on the house. A lien due to unpaid taxes.

Due diligence 54

Due diligence Earnest money deposit Banks Inspection 54

HomeLight

JULY 31, 2021

— turn four walls and a roof into money in the bank, without the need for inconvenient showings, nail-biting appraisals , or a 50-day closing. The main method is to request a cash offer from an investor or cash-buying company that will likely purchase your home “as is.” says Andy Kolodgie , a real estate investor in Washington, D.C.

Earnest money deposit 98

Earnest money deposit Inspection Proof of funds Inspection contingency 98

HomeLight

OCTOBER 1, 2020

She was drawn to foreclosures because, “For me, having a house that has equity has always been important. Many homebuyers like buying and knowing that they have immediate equity, above and beyond the down payment, in the house. He knew the market and what the home could capture in terms of sales price once it had been fixed up.

Purchase and sale agreement 55

Purchase and sale agreement Banks Earnest money deposit Equity 55

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 you want to work with real estate investor clients, read our own Sean Moudry’s simple, yet thorough run down: “ How to Explain 1031 Exchange Rules to Your Clients.” Earnest money deposit.

Purchase and sale agreement 97

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