Windemere Buying

OCTOBER 18, 2021

Not getting pre-approved Getting pre-approved is a key component of the early stages of the buying process and will help to maximize your chances of getting your offer accepted. Adding another credit card to your collection or taking out a loan will change your credit score, causing a ripple effect that can bring the buying process to a halt.

Pre-approval 52

Pre-approval Pre-qualification Debt-to-income ratio Inspection 52

HomeLight

SEPTEMBER 1, 2020

When a homeowner stops making mortgage payments , eventually the bank will foreclose on their house, and the property will become bank-owned. The steps in between the first missed mortgage payment and a bank-owned foreclosure follow a pattern like this: The homeowner fails to make at least three consecutive months of mortgage payments.

Banks 77

Banks Inspection contingency Inspection FHA loan 77

HomeLight

DECEMBER 29, 2023

If a buyer requests further deductions to the price based on their inspection, you may be able to point to how the estimated cost of certain repairs was already baked into the list price. I’ll give an inspection contingency, that’s it. If your house complies with FHA, then it complies with most other lenders’ requirements.

As-is 85

As-is Inspection Finance Investor 85

HomeLight

AUGUST 24, 2022

When you place your home on the market, it’s hard to predict if your top offer will come from a cash buyer or a buyer pre-qualified for a home loan. These are standards related to the overall condition of a property which will play a role in the willingness and/or ability of a lender to finance a buyer’s loan.

As-is 94

As-is Inspection Investor Closing costs 94

HomeLight

AUGUST 12, 2022

Often, that means advocating for the removal of inspection contingencies. “In When you place your home on the market, it’s hard to predict if your top offer will come from a cash buyer or a buyer pre-qualified for a home loan. If your house complies with FHA, then it complies with most other lenders’ requirements.

As-is 95

As-is Purchase and sale agreement Natural hazards disclosure Closing costs 95