HomeLight

MARCH 6, 2023

With tips on everything from how to save for your down payment, specific loan programs for buyers, and what you should look for in an agent, we’ve got you covered. Typically, the higher your credit score, the lower your interest rate will be, which saves you money over the life of the loan. Loans are between 3%-3.5%

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Closing Earnest money deposit Sales Title 82

Real Trends

DECEMBER 27, 2022

Home sale contingency. I’ve shared the situations that can trigger a home inspection contingency or appraisal contingency. You should also be aware of home sale contingency. With this contingency, the buyer’s home must be sold before they can close on their desired purchase. Financing fallout.

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Sales Home sale contingency Pre-approval Inspection 60

HomeLight

MARCH 13, 2023

Airbnb owners get tired of paying management fees and dealing with customer complaints and negative ratings, but they have too little equity to sell the traditional way. Home-buying companies generally pick up closing costs including title search and title insurance that usually range from 1.5%

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Sales Investor Due diligence Renovation 77

HomeLight

JULY 31, 2021

Value-add is the process of remodeling a home or complex to increase the value and add equity,” Shipwash explains. “In According to the latest data from Ellie Mae, the purchase loans are taking an average of 50 days to close as of May 2021. Inspection period. Step 6: Pass the inspection.

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Earnest money deposit Inspection Proof of funds Inspection contingency 98

HomeLight

MARCH 16, 2023

You’ll get speed and convenience in exchange for some of the property’s equity,” says Naumann. Home-buying companies generally pick up the remainder of closing costs that total about 8% including title search and title insurance. Don’t expect to get top dollar if you sell your Houston home to a cash buyer.

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Sales Purchase and sale agreement Earnest money deposit Investor 63