HomeLight

FEBRUARY 28, 2022

In a perfect world, you can put your current house on the market, sell quickly to get your equity out of your home to use for a down payment, and find your next dream home just as quickly. According to information collected by CoreLogic, a property data provider, homeowners averaged an equity gain of more than $56,000 in 2021.

Equity 113

Equity Debt-to-income ratio Closing Loans 113

HomeLight

APRIL 17, 2024

Others perform a home inspection while their competitor skips one. Alternatively, HomeLight can provide an all-cash offer to purchase your home through our Simple Sale platform. Like Opendoor, they typically perform a home inspection before finalizing their offer. But beyond this similarity, how do they stack up?

Seller concession 90

Seller concession Inspection Rent back Closing 90

Realty Biz

MAY 16, 2022

With so few homes for sale, buyers are fighting over each property that hits the market. Waive Your Home Inspection. Waiving a home inspection is somewhat of a gamble but the odds you’re buying a home with some catastrophic problem is low. Doing so is a lot riskier than waiving a home inspection.

Earnest money deposit 95

Earnest money deposit Purchase and sale agreement Rent back Inspection 95

HomeLight

JANUARY 7, 2022

So, instead of stressing your way through two sales, you can set yourself up for success and have your bags packed for your new home in no time. They’ll also introduce you to options, such as a bridge loan or home equity line of credit, to assist in your sale if needed. List your house for sale.

Equity 104

Equity Loans Debt-to-income ratio Closing 104

HomeLight

JUNE 30, 2021

This is why many buyers make offers on their new home that include a sales contingency. With a sales contingency in your offer, you won’t have to close on your new home unless you’ve sold your old home. But a sales contingency could also make it harder to get an offer accepted. Source: (LinkedIn Sales Solutions / Unsplash).

Rent back 103

Rent back Inspection contingency Earnest money deposit Finance 103

HomeLight

MAY 24, 2022

Or the idea of cashing out the equity on your two-story home and downsizing to a single-level house sounds appealing. Sales of existing homes fell for the second consecutive month by 2.7% Sales dropped from March 2021 in all four major US regions. Prices in March 2022 were 15% higher than a year before for existing home sales.

Pre-approval 97

Pre-approval Equity Agents Closing costs 97

HomeLight

JANUARY 4, 2022

While that still happens in scenarios where a seller can’t afford repairs or is facing serious issues with a property, cash sales have expanded beyond the distressed homes market, as sellers benefit from new technologies, instant sale platforms , and a competitive housing environment that has increased the percentage of cash offers.

Investor 98

Investor Finance Inspection Sales 98