RIS Media

SEPTEMBER 21, 2020

Approved for short sale : A term that indicates that a bank has approved a homeowner for a reduced listing price on a home, and said home is ready for resale. Contingencies : Conditions written into a home purchase contract that protect the buyer should issues arise with financing, the home inspection, etc.

Pre-approval 63

Pre-approval Pre-qualification Title search Inspection 63

HomeLight

AUGUST 16, 2021

Most REOs are sold on the MLS,” explains Todd Miller, who worked in mortgage banking for over a decade, has purchased several REO homes, and now runs the personal finance website TightwadTodd.com. Go to your county’s office and ask for the pre-foreclosure list ,” he says. Reach out to people on the list, and give them an offer!”.

Banks 105

Banks Pre-qualification Investor Short sale 105

HomeLight

OCTOBER 5, 2020

As fate would have it, right when you’re ready to start seriously searching for a home to buy, your dream house is listed for sale as a short sale. If you don’t know about short sale requirements for buyers, you might feel like you’re out of luck. What’s a short sale?

Short sale 71

Short sale Sales Pre-approval Pre-qualification 71

HomeLight

JANUARY 4, 2022

According to a Q3 2021 study by ATTOM Data Solutions, all-cash home sales are at their highest level since the first quarter of 2015, with 34% of all single-family homes and condos purchased without financing. “In Buyers who re-invested their equity. Who’s paying cash for houses? Out-of-state buyers.

Investor 98

Investor Finance Inspection Sales 98

The Close

DECEMBER 29, 2022

It generally results in a higher interest rate or additional points, but it’s a way for homeowners to leverage their equity in a property. A short-term loan that covers the cost to build a property until the owner can secure long-term financing. Certificate of eligibility. Construction loan. Contingency. Down payment.

Purchase and sale agreement 98

Purchase and sale agreement Title Proof of funds Pre-approval 98