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Selling a House ‘As Is’ in Virginia

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Matt Megel , managing partner with CAZA Group , which sells homes 85% faster than the average Virginia agent, says that unlocking their home’s equity on a budget is one of the main drivers for homeowners wanting to sell their property “as is.” “One The second reason we come across is speed and convenience.

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13 Steps to Buying a Bank-Owned Foreclosure

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If the former homeowner defaulted on an FHA loan, the home may become inventory for various HUD programs, including the Good Neighbor Next Door program. Ask your agent to find you bank-owned or REO homes on the MLS (multiple listing service) that meet your specifications. Source: faiq daffa / Unsplash).

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How to Find Comps for My House: An Illustrated Guide

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Once upon a time, the only place you could find property data was the MLS (multiple listing service) , a series of private databases real estate professionals use to share listing information among one another and broker deals. Different loan types have different guidelines and criteria that the appraiser must meet,” says Swecker.

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Buying a Short Sale Property? Your Guide to Short Sale Requirements for Buyers

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Bank statements can also be used for certain mortgage loans if you have a non-traditional job or a side gig. Fair to good credit: You need a minimum credit score of 580 to qualify for an FHA loan. If you apply for a conventional loan, then you need at least a score of 620 or higher.

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Selling a House ‘As Is’ in Colorado

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There are several reasons, which can range from a sudden change in circumstances, to the seller needing to access the equity in their home without making repairs. “It’s MLS has a field to mark a listing “as is”? Why do sellers consider selling making a as-is home sale? Yes Is a real estate attorney required?

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The Cost of a Home Appraisal in Indiana

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You might also need an appraisal if you want to refinance to get a better interest rate or cash out some equity. Shockley points out that FHA loans have additional requirements that can add time, so the cost of the appraisal can be higher. So, what is the cost of a home appraisal in Indiana?

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How Long Does a Short Sale Stay On Your Credit Report? Myth vs. Reality

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It will be listed on the multiple listing service (MLS) as a short sale, which could deter some buyers due to the added steps and time it takes to transact a short sale, so it’s important to hire an experienced real estate agent — and possibly an attorney. in equity from 2019 to 2020. You can’t do it on your own.” Banks want to help.